Naked Short selling is still a problem. Like a fox guarding the hen house, it should be no surprise that favoritism and abuse are enabled by a lack of enforcement by the SEC.
The longer negative exposure remains, even if totally unfounded, the more your reputation can be damaged, and the more difficult the effort needed for reversal.
"You are Miracle Workers! You got me my substantial sum of money back in one day when I have spent almost 17 years without any success. More people need to hear about your work. Thank you so much, US~Observer!"
The Securities and Exchange Commission (SEC) took over five years to bring action against a broker-dealer that aided a hedge fund illegally shorting NASDAQ listed companies.