Newsgroup: it.economia.borsa
Titolo: zero tolerance for abusive naked short selling

non č vietato prendere a prestito titoli e shortarli. 
č vietato il naked short selling, cioč vendere titoli allo scoperto
senza neanche prenderli a prestito .... vuol dire che finora lo hanno
fatto.
http://www.sec.gov/news/digest/2008/dig091708.htm
SEC Issues New Rules to Protect Investors Against Naked Short Selling
Abuses
The Securities and Exchange Commission today took several coordinated
actions to strengthen investor protections against "naked" short
selling. The Commission's actions will apply to the securities of all
public companies, including all companies in the financial sector. The
actions are effective at 12:01 a.m. ET on Thursday, Sept. 18, 2008.
"These several actions today make it crystal clear that the SEC has
zero tolerance for abusive naked short selling," said SEC Chairman
Christopher Cox. "The Enforcement Division, the Office of Compliance
Inspections and Examinations, and the Division of Trading and Markets
will now have these weapons in their arsenal in their continuing
battle to stop unlawful manipulation."
In an ordinary short sale, the short seller borrows a stock and sells
it, with the understanding that the loan must be repaid by buying the
stock in the market (hopefully at a lower price). But in an abusive
naked short transaction, the seller doesn't actually borrow the stock,
and fails to deliver it to the buyer. For this reason, naked shorting
can allow manipulators to force prices down far lower than would be
possible in legitimate short-selling conditions.
Today's Commission actions, which are the result of rulemaking under
the Administrative Procedure Act, go beyond its previously issued
emergency order, which was limited to the securities of financial
firms with access to the Federal Reserve's Primary Dealer Credit
Facility. Because the agency's exercise of its emergency authority is
limited to 30 days, the previous order under Section 12(k)(2) of the
Securities Exchange Act of 1934 expired on Aug. 12, 2008.
The Commission's actions were as follows:
Hard T+3 Close-Out Requirement; Penalties for Violation Include
Prohibition of Further Short Sales, Mandatory Pre-Borrow
The Commission adopted, on an interim final basis, a new rule
requiring that short sellers and their broker-dealers deliver
securities by the close of business on the settlement date (three days
after the sale transaction date, or T+3) and imposing penalties for
failure to do so.
If a short sale violates this close-out requirement, then any
broker-dealer acting on the short seller's behalf will be prohibited
from further short sales in the same security unless the shares are
not only located but also pre-borrowed. The prohibition on the
broker-dealer's activity applies not only to short sales for the
particular naked short seller, but to all short sales for any
customer.
Although the rule will be effective immediately, the Commission is
seeking comment during a period of 30 days on all aspects of the rule.
The Commission expects to follow further rulemaking procedures at the
expiration of the comment period.

da strappargli le palle e fargliele inghiottire 


hihihihihihihi
...vuoi dire come acquistare titoli e futures senza averne la copertura di 
cassa? ...
hihihihihihihihi 


ma secondo te è culo ???
http://groups.google.it/group/it.economia.borsa/browse_thread/thread/912c6f1b99cec92c/261542688aaeddb7?hl=it&lnk=st&q=stefanelle#261542688aaeddb7
da 0,36  a 0,58  mentre tutto è in merda ??? 


Per dirla come ai vecchi tempi " ma come fai ? "  ...
ig 


... puttanazza! ... O_O


culo , ti dico la verità uno mi chiese che ne pensassi di
safilo, io capì stefanel me lo studiai e lanciai l'allarme
i prossimi , ma non dirlo in giro , sono tawiy e pfoas :-)