Fannie Mae-No Politics (FNMA)

[Dallas66]

incorrect...there is only ONE way to keep your shares from truly being used to short, and that isn't it. You can tell your broker you do not wish to allow your shares to be shorted, and they are SUPPOSED to abide by your request, but one would be hard pressed to prove they didn't follow your request. Just because a person puts a sell order in at a ridiculously high price, doesn't prevent those shares as being used to short. Keep in mind a broker has at minimum 13 days to come up with the shares if a short position is called. It has been known that some brokers will "lose" or "misdirect" those streetname shares in the pool and buy a few more days to allow the short position to be covered. that kind of stuff typically happens with NSS, but to say it is limited to NSS wouldn't be a wise determination.


Back to the ONLY 100% way to prevent one's shares from being used to short. Hold the physical cert for your shares.