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skitahoe

04/22/24 12:35 AM

#686383 RE: newman2021 #686382

It's my understanding that Posner's suit is only for spoofing, but I've got to believe that if she can prove the same MM's were involved in a massive naked short the case could grow dramatically. I know it's legal for MM's to have a short position, but if it's proven that they're intentionally maintaining a massive naked condition by moving naked shares between them to hide what they're doing, I would think the SEC would be interested.

Gary
Bullish
Bullish