Finra identified 3,616 violations of Regulation SHO at KCG over the four-year period. The disciplinary action included “a censure,” a fine totaling $105,000, and the mandating of a written process to ensure future compliance with Regulation SHO within 60 days.
So out of the hundreds of millions of trades in a 4 year period there were 3,616 violations. Wow, NITE must have made hundreds of dollars.
The fine of $105,000 shows the insignificance of the shorting.
More sensational headlines about NITE and shorting - not backed by facts.
On the OTCM scams - the depressed price is always blamed on ole Shorty or the nefarious unnamed and always offshore group of naked shorters or the the evil MMs plotting against a lightly traded sub-penny stock.
The problem and reason for the 91% drop in price since February 2017 is because the real DD has proven BMXC is just another OTCM scam.
Please post you research and DD that proves BMXC is a real company.
Just a FYI - real companies don't use toxic financing.
IG