Re:Naked shorting: The curious incident of the shares that d...
by JumpCrisscross on Monday February 01, 2021 @03:18AM
(#25986661)
> What happens if a market maker fails to deliver the promised stocks due to inability to purchase stocks?
Unless volume is zero, there is no “inability to purchase stocks.” Just inability at a desired price. If a market maker fails to deliver, they get hit with fines and fees from clearing infrastructure, exchanges and, eventually, the SEC.
Unless volume is zero, there is no “inability to purchase stocks.” Just inability at a desired price. If a market maker fails to deliver, they get hit with fines and fees from clearing infrastructure, exchanges and, eventually, the SEC.