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A comment on Statement of SEC Regarding Recent Market Volatility. Parent comment
I borrow it.
I sell it to Tom.
I borrow the share from Tom's broker.
Tom's broker and I both have no idea it's "the" "same" share I borrowed.
Boom, 200% short interest on "that" share.
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I borrow it.
I sell it to Tom.
I borrow the share from Tom's broker.
Tom's broker and I both have no idea it's "the" "same" share I borrowed.
Boom, 200% short interest on "that" share.