Jefferies Prime Brokerage Suspends Short Sales In MicroVision

on June 03, 2021

ZeroHedge: Jefferies Prime Brokerage Suspends Short Sales In AMC, GameStop And MicroVision

Pouring more fuel on what was already today's dumpster fire of a market, Bloomberg reported that according to a memo it had seen, Jefferies told clients its prime brokerage arm will no longer allow the execution of short sells in meme stocks such as AMC, GameStop and MicroVision.

“Until further notice, Jefferies Prime Brokerage will no longer offer custody on naked options in GME, AMC and MVIS,” the memo noted. The firm will no longer allow the execution of short sells of those securities, the memo continued, noting that other stocks may be added to that list.

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Jefferies Prime Brokerage Suspends Short Sales In MicroVision

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