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Strategies & Market Trends : NetCurrents NTCS
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To: gregor who wrote (5797)2/22/2001 1:41:48 PM
From: Teresa Lo  Read Replies (1) of 8925
 
"...How prevalent is naked shorting of OTCBB stocks and do you foresee the SEC ever changing the 1934 law that allowed it?"

I don't think clients are even allowed to short OTCBB stocks at most brokerages, and since the OTCBB and Pink Sheets are mainly vehicles for promoters to peel cheap Reg S paper and lay out the retail public, I don't imagine it to be a priority with the SEC, especially on the short side.

Teresa
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