If stocks were synthetic assets then sure. But common stock represents an ownership share of a company, which is a collection of real physical things. Naked sho

If stocks were synthetic assets then sure. But common stock represents an ownership share of a company, which is a collection of real physical things. Naked shorting means you’re basically allowing anti-stock, but there’s no such thing as “anti-ownership”. Stock, like hard money, should allow debit balances only.