RE:Nothing has changedclub thanks
as stated "
The appeal for short sellers in Canada arises from the fact that under the Universal Market Integrity Rules (UMIR) of IIROC, they are effectively able to engage in naked short selling, an approach that creates risks from failed trades, distorted share prices, and the creation of phantom shares. While they may be subject to daily fees or buy-in requirements in case of a failure to deliver shares to settle an outstanding position, those carry no regulatory sanction. “In contrast … both the United States and European Union have pre-borrow or locate requirements for short sales as well as mandatory close-out or buy-in provisions,” the firm said. “In Australia, short sellers must have an exercisable and unconditional right to acquire the shares and deliver title prior to conducting a short sale.”
as it says, only in usa, europe, australia have some kind of rulles regarding short selling
but canadian market lake those rulls, giving advantages to short sellers, instead of leveling the play ground