HPIL Holdings (HPIL)

[shotsky]

Naked shorting does occur in big board stocks, but not in penny stocks which can't be shorted. MM's 'could' naked short, but the penalty would be far higher if caught than they could make in doing so. The OTC is automated, so there is an audit trail for every trade. The SEC could easily track down such activities. In big boards, it isn't as automated, so there are brokers that 'could' cheat the system. That is who the SEC is after.