Replies to post #363446 on Digital Brand Media and Marketing Group Inc (DBMM)

[Jetmek_03052]

There's not a single IOTA of evidence to suggest that ANY brokerage in Canada has naked short shares of DBMM.

If there is? Why don't you just post proof of it?

[THall]

You really need to learn how trading in the US works. You are making yourself look foolish.

US Short Sale Regulations: US regulations, particularly Regulation SHO, require firms to mark their securities orders, confirm they can deliver the shares for short sales, and have a process to close out failed deliveries. These requirements apply to any equity security with a US symbol, regardless of where the trade was executed.

FINRA Reporting: FINRA (Financial Industry Regulatory Authority) mandates that member firms report their short positions in any equity security with a US symbol. This includes positions held in firm or customer accounts, regardless of the exchange or whether they are reflected with a U.S. CUSIP, CINS, or foreign symbol.

Cross-Border Cooperation: There is cooperation between US and Canadian regulators. For example, some Canadian regulators have implemented restrictions on short selling to support the SEC's measures.

Evolving Regulations: The SEC adopted new rules in 2023 requiring certain institutional investment managers to report short sale information, with transactions after January 2, 2025, falling under these reporting requirements. This suggests an ongoing effort to increase transparency in the short selling of US stocks.

In essence, while short selling US stocks through a Canadian broker is possible, it would be subject to US regulations and reporting requirements, making it difficult to do so undetected