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Monday, April 19, 2021 1:52:21 AM
I appreciate your post and I read the SEC letter.
Is this how you see this?
I think essentially what it is saying is that this will put an end to any naked short selling because the brokers will now be required to ensure that any short sales will have to be verified and accounted for with real shares being available to use as collateral. So if there are no "long" shares available in the open market to short against a stock, the broker will no longer be able to "borrow" shares from long investors who have positions in margin accounts to satisfy supporting short sales which do not have any more shares in the open market available to borrow against.
Ah! All this is so complicated to me!
![smile](/images/emoticon01.gif)
But I think it means there will be no more naked short selling allowed by brokers or they will be violating new SEC rules and laws.
If this is the case... Yes this will be huge for the markets for long shareholders starting this week after April 22, 2021!
![smile](/images/emoticon01.gif)
And this will also be huge for $RGBP shareholders for the future!
The market makers who like to short will have a much more difficult time in holding us back if we have most of the float locked up!
![smile](/images/emoticon01.gif)
And $RGBP will be able to rise ^UP^ on very basic "supply and demand", which is the way it should be!
![smile](/images/emoticon01.gif)
Here is the link to the SEC statement from April 16, 2021...
https://www.sec.gov/news/public-statement/staff-fully-paid-lending#_ftn4
Blessings and best wishes,
LoveAndLight
![smile](/images/emoticon01.gif)
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