April 9, 2009
Hello,
I am responding to the announced request for public feedback on "short selling" in the market.
I feel very strongly that "short sales" can be very damaging to the general investing public and that there should be strong and effective controls in place on a permanent basis.
I think that both the "Uptick rule" and the "Circuit breaker" rules should be implemented.
I haven't heard much about "Naked short sales" lately, but I believe passionately that they should be outlawed permanently.
Thank you for the opportunity to comment.
Alan Littlewood.