Tuesday, March 02, 2010 10:37:39 AM
If we had to short to maintain an orderly mkt, we did....It is the FTDs that are a concern---and the naked shorting by an MM to maintain mkt liquidity is expected, accepted and not frowned upon---
The FTDs by the selling MM is definitely frowned upon----but in a "pinkie" and in Pinkie Landalmost impossible to regulate---
The reputible firms try to stick together and stay clear of "KNOWN" scam houses---
If your shares are with your broker and in a margin acct,, they will be used by the MM-----You can move them to a cash acct and request that they not be made available for shrt sells---or take delivery.
art
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