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To: BenLurkin
Easier to curb the use of naked shorts. Something that may have needed to be donw long ago.

Naked shorting has been illegal since 2008. Maybe the SEC needs to concentrate their efforts on investigating the hedge funds' practices of naked shorting illegally than focusing on the subReddit.

17 posted on 01/28/2021 9:12:20 AM PST by Yo-Yo (is the /sarc tag really necessary?)
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To: Yo-Yo

Biden’s gonna protect his big money donors.


20 posted on 01/28/2021 9:13:44 AM PST by hercuroc
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To: Yo-Yo

Oops. Guess its been a hectic 13 years for me.


24 posted on 01/28/2021 9:15:16 AM PST by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)
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To: Yo-Yo

The SEC has a revolving door with the companies they regulate—as do all major federal agencies.

Ban the revolving door—lifetime ban in either direction—and you can _begin_ to get a handle on this—but it would still take decades to have an impact.


51 posted on 01/28/2021 9:31:10 AM PST by cgbg (A kleptocracy--if they can keep it.)
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