Leland van den Daele

Tag: SEC

  • Is the Securities and Exchange Commission asleep at the wheel?

    Is the Securities and Exchange Commission asleep at the wheel?

    During the past three weeks, shorting of stocks and indices has increased tenfold to twentyfold. Shorting is selling a stock or index not owned, but presumably “borrowed” from an account of a person or entity. In this way, presumably, the number of shares sold “short” cannot exceed the number of shares available for public trading.…