3 ms·
What this example has anything to do with selling something you don't own? It's like a thief would explain why he "borrowed" a car and then sold it and will pro
by varispeed 6y ago
What this example has anything to do with selling something you don't own? It's like a thief would explain why he "borrowed" a car and then sold it and will promise it will get it back to the owner.
Apparently stockmarket has an exemption for this behaviour, maybe they pay big sums to law enforcement to turn the blind eye.
- cousin_it 6y agoThe rules of the stock market say reselling borrowed securities is ok though, and both borrowers and lenders agree to these rules when entering into deals. I'm not sure why anyone needs to turn a blind eye.
- varispeed 6y agoBut the rules of stock market is not law. If this was legal then you could do any sort of money laundering, so why authorities turn the blind eye to this?
- deleted 6y ago[deleted]