InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,767.60
(
0.96%
)
US TECH 100
19,673.60
(
1.20%
)
Dow Jones
42,102.73
(
0.74%
)
Brent Oil
76.14
(
1.36%
)
Bitcoin
70,160.57
(
3.45%
)
Post# of 354390
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

janice shell

Send PM Follow Ignore
Followers 2569
Posts 308960
Boards Moderated 28
Alias Born 04/12/2001

janice shell

Member Level

Re: CD_98 post# 301758

Sunday, 05/28/2023 11:18:45 PM

Sunday, May 28, 2023 11:18:45 PM

Post# of 354390
Naked short selling is illegal...

Technically, it isn't. It IS a violation of SEC regulations. But illegal? No. MMs can do it legally. And an appellate court judge ruled in 1995 that it was not a violation of the securities laws. According to him, it promoted efficient markets. I've always found Scattered to be a very interesting case:

https://scholar.google.com/scholar_case?q=Sullivan+%26+Long+v.+Scattered+Corp&hl=en&as_sdt=2,39&as_vis=1&case=8171030952991497392&scilh=0
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent DBMM News
More DBMM News
InvestorsHub NewsWire

VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM

Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM

North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • NBRI • Nov 4, 2024 9:00 AM

Rainmaker Worldwide Inc. to Assume Direct, Non-Dealer Sales of Miranda Water Technologies in U.S. and Mexico in First Quarter of 2025 • RAKR • Nov 4, 2024 8:31 AM

CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM

Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM

Start posting your company's news
Only $200 per official company press release!