Re:Counterfeiting Stock – Explaining illegal naked shorting ...
by growse on Monday February 01, 2021 @09:48AM
(#25989110)
You're going to have to fill in some of the blanks explaining how paying someone to deliver a share 2 days from now is fraud but paying someone to deliver coffee 6 months from now isn't.
How about if you sell a share that you bought within the last two days. I mean, your buy trade hasn't settled yet so you technically don't own it yet. Is that fraud?
How about if you sell a share that you bought within the last two days. I mean, your buy trade hasn't settled yet so you technically don't own it yet. Is that fraud?