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.