The Golden Lounge

[No Problems]

If I understand it correctly

the duty falls on the seller's broker to go into the market and balance the account on the client's behalf. ie. The second the customer becomes short to us, the broker buys the required shares and delivers. It then becomes a matter of the client's ability to sustain the cost and to what degree the broker's insurance kicks in.

I also feel there is a strong case for shared liability for the T/A. I suspect it violates some implicit or explicit rule to place free trading split shares into anyone's account pre-ex.