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Doesn't happen much nowadays. A lot of

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janice shell Member Level  Friday, 03/23/12 10:04:25 PM
Re: johnsou post# 158944
Post # of 172473 
Doesn't happen much nowadays. A lot of the naked shorting before 2007--as with OSTK--happened because options MMs were using a legitimate exemption to short naked in order to hedge.

The SEC eliminated that exemption.

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