naked shorts need to be banned. regular shorts do not. alot of the naked shorting is happening from europe and the middle east and it puts companies into a death spiral as there is NO requirement to borrow the shares. and these hedge funds play a scam game with the FTD (fail to deliver) by shifting the shorter from hedge fund to hedge fund and allow the 3 days rule to start all over again each time.
I’m glad naked shorting is finally being seriously looked at.
I think you’ve nailed it.
Yeah, I just love selective enforcement too. Notice that they only care about the financials, and only in the last few months.
Where was Cox before this ?