An investor believes that ICBS, a Nasdaq security, is overpriced at 40. He can sell ICBS short in the over-the-counter market under which of the following circumstances?

An investor believes that ICBS, a Nasdaq security, is overpriced at 40. He can sell ICBS short in the over-the-counter market under which of the following circumstances?



A) Only if he has an outstanding long position.

B) Under no circumstances.

C) With no restrictions.

D) Only at a price higher than the current inside bid.



Answer: C) With no restrictions.


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