GXY 0.00% $5.28 galaxy resources limited

That's right even after naked shorting was banned in many...

  1. 75 Posts.
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    That's right even after naked shorting was banned in many countries globally post GFC, as it can be argued naked shorting assisted in the demise of Lehman Brothers.

    It didn't stop the usual suspects back in 2011. Hate to think they'd still be up to their games, or anyone else for that matter

    http://www.copyright link/markets/equity-markets/ubs-fined-us12m-over-shortselling-20111025-jje6a

    The regulators need to keep their eyes peeled, as opposed to snoozing at the wheel, like they do in most cases.
 
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