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Biometrics stocks: quarterlies, annuals, SEC actions
Aug. 25, 2023, 3:18 p.m. | Jim Nash
Biometric Update www.biometricupdate.com
Aug 25, 2023 - Executives with biometric ID firm Trust Stamp suspect its shares are being depressed in value by naked short selling.
In naked short selling, or naked shorting, the shares of a company are sold without first borrowing the shares or at least confirming that the share exist. The practice, which drives down the price of a company's stock, is largely illegal.
It's largely illegal because federal lawmakers fashioned equity trading laws after the 2008 financial crisis …
actions biometric biometrics biometrics news biometrics stocks digital-identity drives executives financial results naked practice sec selling share stocks trade notes trust trust stamp value
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