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Asher78

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Asher78

Re: camelion post# 220885

Tuesday, 08/05/2014 3:12:51 PM

Tuesday, August 05, 2014 3:12:51 PM

Post# of 380514
Sorry man, abusive naked shorting is illegal.

September 17, 2008, the SEC issued new, more extensive rules against naked shorting, making "it crystal clear that the SEC has zero tolerance for abusive naked short selling". Among the new rules is that market makers are no longer given an exception. As a result, options market makers will be treated in the same way as all other market participants, and effectively will be banned from naked short selling. Abusive naked short selling is illegal.

NP-1 Not here, not now, not ever.....

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