Re the SEC Roundtable: Not once did any member of the three Panels talk about Naked Short Shares in any context whatsoever.
The primary issues were about Issuers selling unregistered shares and / or improperly exempted from registration shares, plus the other correlated issues of poor to no transparency, bogus Legal Opinion Letters on Issuers and improper exemptions for the T/A's, and other fraudulent or suspicious activities.
The pervasive theme on most message boards when a stock's PPS sinks to Davey Jones Locker is to blame the meany naked shorter Market Makers for the demise rather than blame the issuers, T/A's, bogus Legal Opinion Letters, stock promoters / Pump and Dump schemes, the fraudulent selling of shares, and any other nefarious activities.
It is time for the NSS conspiracies to be put out to pasture with the rest of the horse hooie since NSS is an SEC Regulation Sho issue with the Market Makers and has nothing to do with the other 99 percent of the manipulations and fraudulent activities that transpire in microcap stocks.
There could never be a naked short squeeze anyway, simply because MM's control ALL online trading and they can cover their fail to delivers with uber-ease. Ain't seen one naked short squeeze and no-one ever will.
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
