jmkeynes

Canadian Financials Missing from the Short-Selling Ban List

Naked short sellers of the world unite! You have nothing to lose but your tan lines.

It is doubtful that all the contradictions in the SEC's temporary ban on short sales will be worked out before the ban is lifted.

However, the existing rules against naked short selling will be enforced and they're not going away.

So, if you want to make money as a naked short seller, you may have to go elsewhere.

Speaking of which, I hear that Brazil is now promoting a few secluded beaches where naked short sellers will be allowed to congregate. However, I don't think they'll be allowed to buy or sell anything. :-)