AREE - Formerly TVSI Message Board

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Microcap & Penny Stocks : AREE - Formerly TVSI

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To: TopCat who wrote (2803)	5/15/1998 10:51:00 AM
From: Ellen	Read Replies (2) of 6528

I don't follow you here. The question is....is naked shorting considered "bona fide market making?" Answer is yes... Please provide documentation that defines this and the answer to be "yes". >>>Therefore, a member who is registered as a Nasdaq market maker and is involved in bona fidemarket making activity is not required to make an "affirmative determination" prior to selling short the securities in which the firm is registered.<<< Now, what constitutes "illegal" naked shorting???? You're kidding in asking this question, right? Just trying to start something, huh? Teasing aside, you've ignored the FACT that they are subject to buy in risk if they cannot deliver the security. Period.

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