Replies to post #131552 on TAP Real Estate Technologies Inc (RWAX)

[familyof5]

Is there a such thing as being fictitious....chill lol

TenKay Re: GratziPrego post# 72078
Thursday, September 05, 2024 10:31:04 AM

Naked shorting per se is not illegal. Abusive naked shorting is, but this is not that. This is actually allowed under the regs. An entity can naked short a security in advance of an issuance to them (called shorting against the box)…as long as the shares are delivered within 35 days.