OKMONEY

Illegal Short Sellers May Face RICO Indictments

The whole problem of naked short selling could be easily solved by real time quotes of whether a sale was "long", or "short"; if we had such info we'd know what the score is and act accordingly. It would be automatic self regulating. No doubt too simple; must be a fatal flaw I don't see. I do see the ex-clearing trades as a potential problem but doesn't everything eventually flow through the DTCC?