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sab63090

05/11/19 7:16 AM

#20917 RE: learning curve #20913

@learning curve

He is referring to the Reg Sho requirement of naked shorts failing to cover within the 3 day timeframe.

Regulation SHO is a regulation implemented on January 3, 2005, that seeks to update legislation concerning short sale practices. Regulation SHO established "locate" and "close-out" standards that are primarily aimed at preventing the opportunity for unethical traders to engage in naked short selling practices.May 14, 2018

https://www.nyse.com/regulation/threshold-securities