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bleah

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bleah

Re: curveboy post# 82213

Monday, 09/25/2006 2:31:06 PM

Monday, September 25, 2006 2:31:06 PM

Post# of 169275
Doubt it.. it was 1995 legislation that helped cause the dot com buttle in the first place.
The probable reason that SEC isn't doing anything about naked shorting is because it would be a financial disaster for brokers and hedge funds if they had to cover all the stocks that they had naked shorted. Basically you'd see a lot of big name companies out of business because they would be forced to cover for money that was already spent (can you say ENRON all over again).
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