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Both companies and investors who have been ruined by "naked shorting" (a gray area despite regulation SHO) know more about the shadow world of settlement. If y
by raincom 10y ago
Both companies and investors who have been ruined by "naked shorting" (a gray area despite regulation SHO) know more about the shadow world of settlement.
If you are a retail short, SHO regulations apply to you. If you are a shadowy short running operations in Bahamas, but funded by shadow partners of clearing house, you can make a killing.
http://www.economist.com/news/finance-economics/21678146-latest-chapter-companys-battle-show-it-was-victim-abusive http://www.economist.com/news/finance-economics/21678146-lat...
http://cdn.static-economist.com/sites/default/files/pdfs/EN_Overstock_docs.zip http://cdn.static-economist.com/sites/default/files/pdfs/EN_...
http://cdn.static-economist.com/sites/default/files/pdfs/Fifth_Amended_Complaint_%28Redacted%29_Redacted.pdf http://cdn.static-economist.com/sites/default/files/pdfs/Fif...