InvestorsHub Logo
Followers 443
Posts 63457
Boards Moderated 1
Alias Born 04/26/2007

Re: alien42 post# 218619

Friday, 11/14/2014 2:05:44 PM

Friday, November 14, 2014 2:05:44 PM

Post# of 221852
FFGO - Sorry to bring the truth to light, but EVERY security that UBS was trading, was affected by their lack of internal controls.

According to the SEC, since at least 2007, UBS’s lending desk kept inaccurate “locate” logs. The practice was “pervasive, extending to every security handled by the lending desk”, the SEC said.



That includes FFGO, which was being short sold by UBS.

Good Luck!

Rub-A-Dub-Dub…Three perps in a tub…The broker, the banker, and the counterfeit equity maker!!!

Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.