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Stock_Barber

01/17/23 12:31 PM

#279969 RE: CD_98 #279964

If this decision were working many tickers naked shorted would be exposed. They have not been exposed.


Wrong! It IS working and the paranoid baseless naked short lies have been exposed!

There in INFINITELY more evidence that most of the naked short conspiracy theories have been complete bullshit!

History will look back with amusement that anyone believed these tall tales!

Paul Bunyan, Pecos Bill, and Naked Shorts everywhere...


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VrilSociedad

01/17/23 12:52 PM

#279983 RE: CD_98 #279964

Again, misunderstanding the function of these organizations.
DTCC is the regulatory body. SEC approves regulations DTCC puts forth. But if this link was read thoroughly, DTCC is not the self-regulated organization requesting the rule changes, their subsidiary is. SFT's do not benefit retail investors. They benefit broker dealers.

"Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced that the U.S. Securities and Exchange Commission (SEC) has approved the Securities Financing Transaction (SFT) Clearing Service proposal of the National Securities Clearing Corporation (NSCC), the equity clearing subsidiary of DTCC, to operate a central clearing and settlement infrastructure for overnight borrows and loans of equity securities (collectively, securities financing transactions or “SFTs”)."

DBMM does not benefit from this either. It does, however, produce a vehicle through SFT's that the Kramers of the world can exponentially push out, not being able to produce a registered security.
Possibility review the previous post to understand better why the link was provided.