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CherryTree1

05/05/16 12:02 PM

#60739 RE: exwannabe #60736

http://www.investopedia.com/terms/n/nakedshorting.asp

What is 'Naked Shorting'
Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. But due to various loopholes in the rules and discrepancies between paper and electronic trading systems, naked shorting continues to happen.



Read more: Naked Shorting Definition | Investopedia http://www.investopedia.com/terms/n/nakedshorting.asp#ixzz47nWLKo8R
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