April 21, 2009
Hello,
Thank you for the opportunity to comment on this important ruling.
Given the current market environment, this public conversation regarding short sellers is to say the least, unhealthy. One would hope that the SEC does not mistake the opinions of scorned investors/profiteers with those of an unbiased observer. The SEC should stand firmly behind its long history of effective market operations and not cave in to current popular rage. The SEC should continue to allow markets to operate as they have for the last century.
The SEC is charged with maintaining a fair and orderly market in both up and down markets. At no time should a market regulator pander to investor expectations. Regulation should never become subservient to the whims of private investors. In times of duress, markets need a solid regulatory foundation, not a changing/volatile regulatory landscape. I ask the SEC to stand firm, and continue its long history of solid/unbiased market operations.
Kind Regards,
Anonymous, MBA
US Citizen, Businessperson