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place_your_bets

09/03/18 9:36 PM

#121572 RE: place_your_bets #121566

yup!GNCP board- talked about it! Interactive Brokers Fined $5.5 Million for Naked Short Selling Violations
Industry regulator Finra settles with retail brokerage firm over what it says were ignored red flags
Aug. 20, 2018 4:43 p.m. ET

A unit of Interactive Brokers Group Inc., one of the largest U.S. retail brokerages, has been fined $5.5 million over allegations that it broke federal rules on the “naked” short selling of stocks thousands of times over a three-year period.

https://www.wsj.com/articles/interactive-brokers-fined-5-5-million-for-naked-short-selling-violations-1534797834