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To: The Osprey who wrote (18004)3/20/2004 5:30:43 PM
From: Kevin Podsiadlik  Respond to of 18998
 
They seem to think so:

'Naked' short selling to be off limits in Canada

Message 19812179

theglobeandmail.com



To: The Osprey who wrote (18004)3/21/2004 10:43:17 AM
From: RockyBalboa  Respond to of 18998
 
It will not stop practises what are sometimes dubbed "the Reg S scam". Securities traded (and settled) outside the US are unaffected. Of course, the a necessary condition is access to markets and liquidity. Not being able (or not easily...) to resell securities in the US could stall this type of business. Would it stop overseas boiler rooms from peddling securities outside US registration? No...


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