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Friday, February 17, 2023 2:14:02 AM
There are no loopholes concerning FTD reports, exactly none, no instance of inaccurate FTD reporting.
Investors should always be cautious that issuers, promoters, or shareholders may be seeking to stimulate buying interest by making FALSE or unfounded statements about alleged large “NAKED” short positions in some smaller issuers.
Don’t forget, T+2 is being further shortened to T+1 next year, then ultimately to T+0….
https://www.sec.gov/news/statement/peirce-settlement-cycle-20220209
SEC INFORMATION RE: NAKED SHORTING:
Investors can and should verify the number of failures to deliver in a specific security by checking publicly available data on failures to deliver.
https://www.sec.gov/data/foiadocsfailsdatahtm
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