http://www.marketwatch.com/story/journalist-sues-sec-to-get-naked-short-selling-files-2014-05-29
Mark Mitchell, who writes on www.deepcapture.com, has filed a Freedom of Information Act lawsuit against the Securities and Exchange Commission (SEC) to obtain the agency’s investigative files relating to more than a dozen aborted investigations and cases involving naked short selling.
This will be interesting. First, the SEC never released results of the investigation into the Bear Stearns case. Second, there have not been many naked shorting cases brought, yet it seems like there were more than a few cases of this abuse.
Stay tuned for further developments. . . .
