Acts and Regulations

S-5.5 - Securities Act

Full text
Declaration as to short position
67A person who places an order for the sale of a security through a registered dealer acting as the person’s agent and who does not own the security, or if acting as agent, knows the principal does not own the security, shall, at the time of placing the order to sell, declare to the registered dealer that the person or the person’s principal, as the case may be, does not own the security.