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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Naked short selling
View:
Post by Retiredgeo on Oct 17, 2023 9:20am

Naked short selling

Oner correction:  Canada made naked short selling illegal a year ago.

Is This The End Of Naked Short Selling? | OilPrice.com
Comment by jleer42 on Oct 17, 2023 11:20am
It is almost impossible to prevent short selling in Canada, shorters must "have a reasonable expectation that sufficient securities will be available to cover the settlement of a short sale trade prior to entering a short sale order". Almost impossible for a securities commision to enforce.
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