What Pushed the SEC to Tighten the Rules - Now? [View article]
SEC Naked Shorts(NK) rules prohibit shorting unless there is an uptick in stock being gang raped by hedge funds. The uptick suggests buy activity of this same stock. Meaning the NKs must cover there NK positions since the underlying borrowed stock no longer existed (changed owner) at their broker/bank market maker. If this is not happening (can be easily verified by SEC investigators), and the NKs are benefiting from both end of the trades, Then a conspiracy to defraud is in the making as well as a breach of inside trading rules. Lets put an end to this activity by finding the perpetrators and show them no mercy.
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SEC Naked Shorts(NK) rules prohibit shorting unless there is an uptick in stock being gang raped by hedge funds. The uptick suggests buy activity of this same stock. Meaning the NKs must cover there NK positions since the underlying borrowed stock no longer existed (changed owner) at their broker/bank market maker. If this is not happening (can be easily verified by SEC investigators), and the NKs are benefiting from both end of the trades, Then a conspiracy to defraud is in the making as well as a breach of inside trading rules. Lets put an end to this activity by finding the perpetrators and show them no mercy.
Jul 18 05:06 am
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All Comments by jack matalka »What Pushed the SEC to Tighten the Rules - Now? [View article]