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Don Beasley

05/20/18 4:46 PM

#6735 RE: surfkast #6724

There is a difference between Equity shorts and Naked Shorts

Equity Short Interest - FINRA Rule 4560
OTC Short positions reported 2 times per month

Naked short selling, or naked shorting, is the practice of short-selling a tradable asset of any kind without first borrowing the security or ensuring that the security can be borrowed, as is conventionally done in a short sale. When the seller does not obtain the shares within the required time frame, the result is known as a "failure to deliver".





Wikipedia Naked Short Selling