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Re: kingpindg post# 328222

Friday, 12/14/2018 9:55:22 AM

Friday, December 14, 2018 9:55:22 AM

Post# of 360857
Yes, I had assumed that was the case before hand and the info in your post confirmed and clarified important distinctions.

Now with respect to the notion of non or under reporting, here are some examples of real financial firms subject to fines for such failures.

https://theintercept.com/2016/12/15/whistleblower-vindicated-massive-trading-firm-knight-capital-charged-with-abusing-naked-shorts/

https://securitiesarbitrations.com/ubs-fined-system-failures-short-selling/

https://www.reuters.com/article/us-interactive-fine/finra-fines-interactive-brokers-5-5-million-for-short-selling-violations-idUSKCN1L525H

https://www.housingwire.com/articles/finra-fines-southwest-expels-cutler-securities-naked-short-selling

https://financiallyregulated.com/2011/10/17/stock-manipulator-stiffs-finra-on-1-million-fine-not-our-problem-says-federal-appeals-court/

I'd bet at least some of them have cleaned up their act by now but it simply serves as an example of how we still need to be careful in how much faith we put in data that could easily be manipulated for any number of reasons by any number of market participants.