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A comment on The death of Rackspace’s ‘fanatical support’. Parent comment

Re:The death of Rackspace’s ‘fanatical support’ by ferdek on Tuesday December 13, 2022 @08:05AM (#33968313)
Official SEC document regarding regulation SHO describes both illegal and legal cases when you can "just" fail to deliver [0]. Market makers which also happen to have hedge-fund branches are having the most flexibility in this.

[0] https://www.sec.gov/investor/pubs/regsho.htm

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Re:The death of Rackspace’s ‘fanatical support’ by tdees40 on Tuesday December 13, 2022 @08:24AM (#33968480)
So it may not be illegal in all cases (although it is in many cases), but how does failing to deliver close out a short position?
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