May 9, 2011
Naked shorting should be prohibited. There is too much of the gambling element in the stock market already.
Also, capital gains should be treated as ordinary income. I cannot see any justification for treating wall street executives' pay as capital gain ... they don't put any of their own capital/funds at risk.
Take out tax preferential treatments already, I'm willing to do my share ... tax the capital gains from my stock market tradings as ordinary income, I don't mind as long as I make money on my trades.