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Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM)
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To: Mark The Trader who wrote (328)9/8/1999 10:59:00 PM
From: steve host  Read Replies (2) of 516
 
You need to use margin to short. If you violate margin rules it is "illegal" as in a violation of securities laws - whatever term you want to use - any firm permitting it is opening themselves up to regulatory action - that doesn't mean that they will get caught or everyone abides by the law - similar to the uptick rule.
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