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Re: Shorts

By: maxq in IDCC | Recommend this post (0)
Sat, 01 Oct 11 10:16 PM | 102 view(s)
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Msg. 43062 of 48237
(This msg. is a reply to 43018 by PJSPHD)

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I could not get to your link, but the following from Wikipedia may be helpful.

"Unlike a dividend, voting rights cannot legally be synthesized and so the buyer of the shorted share, as the holder of record, controls the voting rights. The owner of a margin account from which the shares were lent will have agreed in advance to relinquish voting rights to shares during the period of any short sale."




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The above is a reply to the following message:
Re: Shorts
By: PJSPHD
in IDCC
Fri, 30 Sep 11 6:06 AM
Msg. 43018 of 48237

I found this article. A little old, so I'm not sure if any changes have been instituted.

http://www.bloomberg.com/apps/news?pid=newsarchive&;sid=a4OuCsU8r2Yg


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