Ihor Dusanisky
Anything that is “fully paid for”, like a 401k, is automatically segregated by your broker & can’t be touched. It is a very big no-no for those shares to be used & when a broker gets their annual rectal exam by the authorities it is one of the first things the examiners check for
Robert David Steele
Ihor, nice in theory but the reality is that brokers ALWAYS borrow cash account shares to cover naked shorts, i.e. shares sold long that they don’t own or have not legally borrowed. @PatrickByrne http://stopnakedshortselling.org
