Naked Short Seller

An investor who sells shares that he/she has neither borrowed nor made arrangements to borrow. Under Regulation SHO, naked short sellers must abide by a "locate" requirement and a "close-out" requirement. The locate requirement forces brokers to have reasonable grounds to believe that the short-sold security can be borrowed; the broker must document this prior to the security's sale. With some exceptions, the close-out requirement means that brokers who have failed to deliver a short-sold security for 13 days must purchase similar securities and present those instead. Naked shorting is very high risk.

单词	naked short seller
释义	Naked Short Seller Naked Short Seller An investor who sells shares that he/she has neither borrowed nor made arrangements to borrow. Under Regulation SHO, naked short sellers must abide by a "locate" requirement and a "close-out" requirement. The locate requirement forces brokers to have reasonable grounds to believe that the short-sold security can be borrowed; the broker must document this prior to the security's sale. With some exceptions, the close-out requirement means that brokers who have failed to deliver a short-sold security for 13 days must purchase similar securities and present those instead. Naked shorting is very high risk.
随便看	krx kry krychaw kryder's law kryf krylenko krylenko, nikolai krylenko, nikolai vasilevich krylenko, nikolai vasilyevich krylov, aleksandr krylov, aleksandr petrovich krylov, aleksei krylov, aleksei nikolaevich mine surveying operations mine surveyor mines us for mines waterfront business park mine sweeper minesweeper minesweeper flags minesweeper, inshore minesweeper, launch minesweeper, ocean minesweeper, patrol minesweeper refresher training