4 ms·

> In May 2012

• ceejayoz 6y ago
  That's not long ago, and it's after the practice was banned. You think the banking industry has had an ethical epiphany and sudden love for regulations in the last decade?
  • user-the-name 6y ago
    What I think is that if you are going to make a very specific claim that fraud has occurred, you should back that up with some evidence that is similarly specific, not with a "well it could happen, it happened once before nine years ago!"
    • ceejayoz 6y ago
      The "Regulatory enforcement actions" section lists a number of cases that "require[d] a licensed broker to break the law". It's quite clear naked short selling is possible and thus happens sometimes. I'm very dubious it's the case in Gamestop's specific situation. My specific claim is "naked short selling is a thing that exists", which is readily provable.