Re:Counterfeiting Stock – Explaining illegal naked shorting ...
by JumpCrisscross on Monday February 01, 2021 @05:28AM
(#25987394)
> If instead my money is “borrowed” without my concent for some nefarious activity
You give stock borrow consent when you sign up for a brokerage account. It’s also trivial to turn off, though there isn’t an informed reason for non-activist investors to do this. Some brokers share stock loan income with the account holder, though most keep it from retail accounts.
You give stock borrow consent when you sign up for a brokerage account. It’s also trivial to turn off, though there isn’t an informed reason for non-activist investors to do this. Some brokers share stock loan income with the account holder, though most keep it from retail accounts.