SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Americans 4 "No Own - No Sell"

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BWAC who wrote (200)10/2/2001 12:23:15 PM
From: Ga Bard  Read Replies (2) of 455
 
But that would be a boycott. That would also feed and fuel the Naked Short Sellerism ... The petition will definitely have that as an issue as with "Rande is" articulate points. The loopholes are but a few but can be resolved with just a few new rules like:

A broker must acquire permission from the rightful owner to use his interest as collateral for the purpose to be sold into the market.

Also any sell order from an offshore interest must be accompanied with a certificate or proof the proper collateral of a rightful owner is in hand.

No big deal really but that would address two of the issues.

That would fight Naked Short Sellerism

P2bAAAT & DSAS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext