Now, does that mean that the Reg SHO list data isn't correct? If these firms were incorrectly reporting data then the list and FTD data are incorrect, and low. How low? We don't know. We also don't know the specific number of shares involved, or which companies/issuers were involved.
I have seen the businessjive video (been awhile though) and reccommend it to everyone who hasn't seen it. I am no pro on this subject and know that 'naked shorts' exist.
From what I see you are saying is that FTD's are not reported? Doesn't that make a discrepancy in what is traded between brokers?
By the way, today is the day that the 'grandfather clause' is supposed to be lifted.
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