Lucy Komisar

Mar 24, 2021

7 min read

The GameStop Mess Exposes the Naked Short Selling Scam

By Lucy Komisar
The American Prospect, Feb 25, 2021

A decade ago, a Biden confidant tried to stop it. Now there’s another chance.

The Securities and Exchange Commission could create a system to identify and enable punishment of illegal trading activities, including naked short selling.

At the House Financial Services Committee hearing last week on the GameStop debacle, there was an elephant in the room: naked short selling.