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Re: Matthew Berg post# 106546

Thursday, 04/16/2015 10:41:53 AM

Thursday, April 16, 2015 10:41:53 AM

Post# of 123645
Market Makers are legally allowed to process trades before locating and delivering each share traded, but they are expected to complete the buy and sell as a settled trade as soon as practical. Until the transactions are settled, the unsettled trades are considered Naked Short Sales - and this is temporarily permitted by the SEC. Naked Short Sales are not illegal, only abusive Naked Short Sales are illegal.

A superior mind understands
what is right; the inferior mind
understands what will sell ~