Unless the SEC understands and addresses the "Berlin Stock Exchange" connection with naked short selling and hedge fund broker dealer subsidiaries the abuses will not end. Many companies are unknowingly listed on this exchange and "arbitrage" naked short selling is permitted. This is a bogus excuse for sidestepping an outlawed practice. The consequences are that capital hungry small companies are shorted into oblivion by an abject manipulation.
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Unless the SEC understands and addresses the "Berlin Stock Exchange" connection with naked short selling and hedge fund broker dealer subsidiaries the abuses will not end. Many companies are unknowingly listed on this exchange and "arbitrage" naked short selling is permitted. This is a bogus excuse for sidestepping an outlawed practice. The consequences are that capital hungry small companies are shorted into oblivion by an abject manipulation.
Jul 20 18:33 pm
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