Nice to chat @nippy
I enjoyed your post the other day re why most investors will never make x100.
ie: because they've been brain-washed into "trading" by (guess who earns a living from the traders?).
Did you mean shorts now have to pay 23% for the privilege of stock borrowing? While said stock is rising
IMO that concept is dead or dying. A nerdy concept it came and went and suited some while it was here. The public hate it.
It presupposes the regulator has a vast army of clerks who monitor broker sheets to make sure everything is covered, every minute, every day.
I don't think so. Naked shorting is here to stay (well in the US anyway). It makes total sense as long as the broker is accountable for defaults.
Sounds like pure Capitalism to me.
In Australia?....too dangerous to talk about.
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