AI
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| Alias Born | 08/19/2009 |
Tuesday, August 16, 2022 9:36:57 AM
"maybe you can explain to us all what is outdated about it "
This "opinion" is archived on the SEC site because it helped the SEC understand and revise the rules to prevent such actions by naked shorts!
Let's say my car was left unlocked with the keys in the ignition in a bad neighborhood at night, and the police alerted me and told how to protect it from theft.
So I moved the car to a nicer neighborhood, locked the doors, and took the keys with me.
Would citing the original risk to my car as still being valid AFTER I moved it... be relevant?
Of course not... it would be a FOOLISH statement!
But probably not as foolish as if someone still believed it EVEN AFTER they learned that the car was moved...
This "opinion" is archived on the SEC site because it helped the SEC understand and revise the rules to prevent such actions by naked shorts!
Let's say my car was left unlocked with the keys in the ignition in a bad neighborhood at night, and the police alerted me and told how to protect it from theft.
So I moved the car to a nicer neighborhood, locked the doors, and took the keys with me.
Would citing the original risk to my car as still being valid AFTER I moved it... be relevant?
Of course not... it would be a FOOLISH statement!
But probably not as foolish as if someone still believed it EVEN AFTER they learned that the car was moved...
