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photo4u

05/15/14 7:45 PM

#60782 RE: gloom8doom #60781

Ha, catch em'

frosr6

05/15/14 8:17 PM

#60806 RE: gloom8doom #60781

Done all the time especially in penny land

bsdvs23

05/15/14 8:41 PM

#60832 RE: gloom8doom #60781

The Rule Change you are referring to basically took out Exhibit 5; Addendum C (See Page 16) http://www.sec.gov/rules/sro/nscc/2013/34-71156-ex5.pdf

Side Note for those interested: Short Sale / Naked Short Trade

Short Sale
In an ordinary short sale, a short seller borrows stock and sells it, with the hope of buying it back later at a lower price to replace the borrowed shares.

Naked Short Trade
In a naked short trade, the seller doesn't borrow the stock before selling it and doesn't deliver it to the buyer. As a result, naked short sellers can force prices far lower than possible than in a legitimate short transaction.

B!