Many of the ""failures to deliver"" are not report
Post# of 15187
Posted On: 11/19/2016 10:31:14 AM
Many of the ""failures to deliver"" are not reported or end up being reported as a long not a short. This process is called Continuous Net Settlement (CNS) and it hides billions of counterfeit shares that never make it to the Reg. SHO radar screen, as the shares “borrowed” from the DTC are treated as a legitimate borrowed shares.
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