9.5k a year a stock with no way to verify what they say. Also, it's DTC, not DTCC. The inter-company loopholes still apply, not to mention all the international shenanigans.
The technicality of there being lackluster oversight of naked short selling which may lead to creating a share out of thin air is still true. Who cares about the tone? It's f**ing dumb.
You're mistaking naked short selling with shorting same share twice. One is illegal, but there is a lot of loopholes in the legislation that regulates it. The other is rare but technically doable, and perfectly legal.
9.5k a year a stock with no way to verify what they say. Also, it's DTC, not DTCC. The inter-company loopholes still apply, not to mention all the international shenanigans.
The technicality of there being lackluster oversight of naked short selling which may lead to creating a share out of thin air is still true. Who cares about the tone? It's f**ing dumb.
You're mistaking naked short selling with shorting same share twice. One is illegal, but there is a lot of loopholes in the legislation that regulates it. The other is rare but technically doable, and perfectly legal.