Birdwatch Note Rating
2024-03-03 20:23:27 UTC - HELPFUL
Rated by Participant: C9D2CFE526AAFB9C51718A864F1CD417335C01081A184DA9C34F925069038A2A
Participant Details
Original Note:
Naked short selling is real- it is even legal in some cases- it includes within its definition the term counterfeit shares. Numerous entities have been prosecuted for this mostly unlawful practice. It costs investors and the treasury billions a year in losses. https://financefeeds.com/finra-fines-wedbush-900k-over-reporting-violations/ https://www.finra.org/media-center/newsreleases/2022/finra-fines-ubs-securities-25-million-regulation-sho-violations
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