InvestorsHub Logo
Followers 139
Posts 18209
Boards Moderated 0
Alias Born 08/02/2005

Re: OTC Whisperer post# 234795

Thursday, 08/19/2021 9:23:15 AM

Thursday, August 19, 2021 9:23:15 AM

Post# of 341226
The SEC is seeking an injunction, disgorgement of the $1.6 million in fees, and civil penalties.
May 19, 2021, the SEC charged a broker-dealer (“BD”) with violating the order-making and locate provisions of Regulation SHO.[1] Regulation SHO regulates short sales of securities and, broadly speaking, is aimed at minimizing naked short selling, failures to deliver, and other practices.