RE:RE:RE:RE:Shorting RulesWhen I buy shares, I have no idea who I am buying from. I expect to receive everything as a shareholder of record (divs, mailouts, voting rights etc.). That info would come from the registrar, so a lender remaining as shareholder of record for the shares I just bought doesn’t make sense.
Fantome wrote: investme1 wrote: Fantome wrote: Point 2 should read.....individual investor does NOT know if their shares were actually lent out to a shorter or not...and it doesn't really matter..
99% of them don't know. Some who receive "payment in lieu of dividend" would have an idea. Interactive Brokers actually run a system where you can opt in to have your shares lent out, in turn splitting the profit from the lending fee. Payment in lieu takes effect here. Enjoy your insights Fantome. I share many of the same thoughts and strategies you do. Cheers.
Thanks for that...something I had completely forgotten about....