DD Support Board and Research Team

[BigBake1]

Nope, what it really does is reduce risk by performing a daily accounting as opposed to waiting for the end of the period, they avoid a pile up of exposure. The amusing thing is, it has nothing to with OTC securities, there are no "Options" in this market. The fact that it is being touted as Naked Shorting is even more hilarious.

Here are the FACTS, the whole GME circus revealed a big problem with options and actual short positions taken, there were brokers that were at significant risk financially of not being able to back positions held by their customers.

What is even more amusing is that the morons that try to tout GME as proof of Naked Short Selling and a perfect example of a squeeze have never done a shred of due diligence in the matter. The stock was shorted normally, the Bi-Monthly Short Interest reports for a over a year were in excess of 100% of the public Float. The shorts were right there for everyone to see, nothing was hidden, that is why it was targeted, a rogue broker took advantage of social media and raised a mob to buy the stock up forcing the shorts to buy-in. Slap in the options mess and well it overwhelmed the system.

What the morons should be more concerned with is that when the SEC now suspends these OTC turds they have apparently brought the DTCC back in to Globally Lock the security

https://www.dtcc.com/-/media/Files/pdf/2021/2/26/14751-21.pdf