SwingTrade Member Forum

[Amplifier]

Question.... With all the naked shorting apparently taking place on Jbii as highlighted, is there any risk that the shares a retail investor buys actually don't exist?

What obligation do retail brokers have to deliver shares bought on behalf of their clients?

I use optionsxpress and seem to be able to get fills quite easily.. hopefully they are just good, and arent buying thin air on my behalf. Worse case scenario is that they turn around at some point and renege.

Is that possible? Any input greatly appreciated.