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A comment on Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation. Parent comment

Re:Counterfeiting Stock – Explaining illegal naked shorting ... by egwor on Monday February 01, 2021 @08:01AM (#25988242)
I agree on the mechanism. If the objection is that someone can influence the price of an instrument without owning it (like in short selling (although in short selling you can borrow the instrument and then short it)), then should the argument be that put options should also not be allowed without ownership of the underlier too?
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Re:Counterfeiting Stock – Explaining illegal naked shorting ... by freeone3000 on Monday February 01, 2021 @01:07PM (#25991361)
My objection is that synthetic stocks are weird, negative ownership is weird, and every time we have to actually count how much stock we have we come up too high. This doesn't happen with puts.
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