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Alias Born 09/11/2008

Re: pontalba post# 259703

Wednesday, 09/17/2008 5:59:07 PM

Wednesday, September 17, 2008 5:59:07 PM

Post# of 358426
It might, here's how:

If a short sale violates this close out requirement, then any broker-dealer acting on the short seller’s behalf will be prohibited from further short sales in the same security unless the shares are not only located but also pre-borrowed. The prohibition on the broker-dealer’s activity applies not only to short sales for the particular naked short seller, but to all short sales for any customer.

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