May 11, 2009
It is basic economics 101 that you can not sell something you do not own. Unless you get permission from the owners. Force short sales to boorow stck and get it in their acct BEFORE the sell. Don't own you can sell it. What if i could sell all my neighbors houses, I would not care about price,a nd what happens when buyers want property. Also make all stock holders get their certs instead of leaving them in an acct, then you stop Brokerages for swapping out certs for fees to bigger houses who short. This is not hard to figure out.