[Solved] In naked short selling, short-sellers sell a stock short that they currently own. Small Business Administration (SBA): A U.S. government agency that provides support to entrepreneurs and small businesses, including loans, grants, and educational resources. Executive Agency: An agency that is typically located within the executive branch, under one of the cabinet-level departments. The agency head is appointed by the president with the advice and consent of the Senate. State Level: State level refers to government authority and operations that take place at the state as opposed to national or local jurisdiction within a federal system. Privacy Act Of 1974: A United States federal law that establishes a Code of Fair Information Practice to regulate the collection, maintenance, use, and dissemination of personal information by federal agencies.