RE:Securities Fraud STATEMENT OF FACT: Blame the canadian stock market regulators for this. Canada is the laughing stock of the western world for its lax stance on "naked shorting" . Its very straight forward -the language used states something akin to shorts settling accounts by the end of the trading day "on a best effort basis" . This has created a loop hole that hedge funds and the like have exploited in certain senerios with little chance of regulator inforcement...Maybe do your DD-when was the last time anybody got charged with naked shorting in Canada??? dwdc