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Re: Sheepdog post# 107669

Tuesday, 01/15/2019 2:57:23 PM

Tuesday, January 15, 2019 2:57:23 PM

Post# of 114301
HAHAHA RIGHT. THATS NOT HOW IT WORKS. HOW WILL MMs MAKE MONEY ON ILL GOTTEN SHARES AND TAX SAVINGS IF NAKED SHORTED SHARES WERE ACTUALLY REPORTED? THAT'S THE WHOLE POINT OF SHORTING AND DISTORTING TO THE GROUND LEVEL.

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

The Financial Industry Regulatory Authority (Finra), a private self-regulatory organization, charged KCG on October 31 with thousands of violations over three years of Regulation SHO, which according to the Securities and Exchange Commission (SEC) “was established to address concerns regarding persistent failures to deliver and potentially abusive ‘naked’ short selling.