Replies to post #120873 on Bancorp International Group Inc (fka BCIT)

[allezlOM]

I read it differently, as the SEC created an " ANTI-FRAUD" rule against naked short selling, this is considered as a fraud ?Am I correct ?
http://www.sec.gov/rules/final/2008/34-58774.pdf
“Naked” Short Selling Antifraud Rule

[f1fans]

you might want to hold on to that thought until you listen to the SEC head.They are prosecuting most of these fraud cases by going through the AG.

http://www.cnbc.com/id/15840232?video=1205831956&play=1