Pontalba - welcome - but please start from post one and read. Perhaps you don't follow level 2, may be new to trading, or don't realize that we don't see real quotes (pinks) and volumes on the bid/ask in otc and pinks, etc., then you really don't know the discussion. With respect to naked shorting, the debate on both sides is often difficult because of archaic "protections" somehow built into the system. (See e.g., discussions of grandfathering of fails, Reg sho history, off-clearing, arbitrage, desking, overseas shorting, etc.)
Most of the threads on this board advocate open information for all traders, and that's not just from managements of companies that trade. We advocate open and honest information in the system itself and efficient and effective regulation of hedge funds, as well as bringing the system (broker-dealers, MM's, ECN's, specialists and other intermediaries) into 21st century with available state-of-the-art auction technology and equal access to trading information.
Many of the self-styled "cybersleupps" seem to think that there is no scamming on the short side and that it really shouldn't be discussed or regulated or that we should ignore the abuse of the archaic system by MM's and the hidden world of hedge funds. I find it a bit hypocritical and most here seem to agree. |
