Quote:

Alpha Group was established in 2007 by nine of leading Canadian financial institutions with the aim of increasing the equity trading efficiencies and making Canada more globally competitive. Maybe so, but it also opened the door to naked shorting and deep corruption with no prosecution. The Alpha Group partners are all major players in the Canadian securities industry. The nine partners are: BMO Nesbitt Burns, Canaccord Capital, CIBC World Markets, Canada Pension Plan Investment Board, Desjardins Securities, National Bank Financial, RBC Dominion Securities, Scotia Capital, and TD Securities.

Good to see our feds are in on it too.

The whole idea of shorting in any form is abhorrent to me. Since it is always easier to destroy something than build something up, betting on a loss carries a higher percentage chance of success. And you can bet that of those that do short, even legally, there are some among them that seek to do damage to the companies they short.

Too many games being played.