Interesting Fact - Money

German regulators have banned the naked short-selling of shares.

(Now this doesn't mean traders have to put clothes on (if they want a go to work naked day they can still do that). According to Wikipedia, naked short selling, or naked shorting, is the practice of short-selling stocks and shares without first borrowing the security or ensuring that the security can be borrowed, as is conventionally done in a short sale. When the seller does not obtain the shares within the required time frame, the result is known as a "fail to deliver". The transaction generally remains open until the shares are acquired by the seller, or the seller's broker, allowing the trade to be settled. Naked short selling can be used to fraudulently manipulate the price of securities by driving their price down, and its use in this way is illegal.[2] However, the practice is considered benign under certain circumstances, such as trading by market makers. As soon as the announcement was made shares in Asia fell and the Euro fell against the dollar. You see, no good deed goes unpunished.)

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