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this is what can happen to those who engage in nak

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Post# of 15624
(Total Views: 308)
Posted On: 03/30/2017 2:39:22 PM
Posted By: truebeliever
Re: Laconic #4775
this is what can happen to those who engage in naked shorting:

Participants in naked illegal short selling activities can be charged with a crime based on the SEC regulations. In 2014, two Florida State University professors were charged with participating in the illegal practice that resulted in approximately $400,000 in revenue. Ultimately, the accused agreed to a settlement with the SEC in the amount of $670,000

Read more: Naked Shorting Definition | Investopedia http://www.investopedia.com/terms/n/nakedshor...z4cpsv2GSK
Follow us: Investopedia on Facebook

ALSO; investopedia has more info on naked shorting....worth reading....


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