Article: New NSCC Rule Change Poised to End the Short Squeeze SagaArticle - Media
New NSCC Rule Change Poised to End the Short Squeeze Saga
Tim Fries, 22 June 2021
On Wednesday, market makers, which are also DTCC clearing members, will have to tighten up their short-selling belts. Because their available capital will be contrasted more frequently with member deposits, their ability to maintain massive short positions is slated to be crippled.