Digital Brand Media and Marketing Group Inc (DBMM)

[CD_98]

So if they are hidden and nobody can find them what would force these illegal naked shorts to ever cover?

All shares are in the obligation vault. ALL SHARES.
YES
Even naked short shares are in the obligation vault.

If whoever naked shorted, margin call comes, and they have no liquid assets to cover then the broker must cover. If the broker cannot cover due to no liquid assets available, the DTCC must cover. The DTCC CNS program is where the naked short shares came from in the first place so the DTCC is responsible to cover. The DTCC has insurance for matters like this.

More than likely if monies are wired to offshore accounts like the Cayman Islands from a broker or family office those accounts will be sought to pay off margin calls even in the face of bankruptcy, OR those accounts possibly get frozen.
The DTCC does not want to pay these margins even though they can afford to.

Money will be sought after. One can run, cannot hide. JMO

#DBMM