The U.S. and the European Union then tightened their regulations to make it harder to engage in naked shorting. The U.S. now requires investors to have a reasonable belief they can borrow shares to cover a short sale within three days; the EU requires investors to have already borrowed the stock, or arranged to do so, on or before the day of the short sale.
Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations.
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