Wednesday, July 25, 2007

Naked Short Selling

A controversial article published in the Wall Street Journal shed some light on the concept of naked short selling. The article prompted Senator Bennett to raise the topic of naked short selling on the U.S. Senate Floor.
I doubt that anything will come out of this but perhaps a few more people are now aware of this loophole in our electronic marketplace.

1 comment:

FourPillars said...

That's ridiculous that you can short without borrowing the shares. Maybe they should go back to the messenger deliveries to make sure it happens?

Mike