May 8, 2009
The SEC should bring back former Rule 10a-1 "uptick Rule". The rule worked for 70 years. After reinstating Rule 10a-1 it should be vigorously enforced, with great penalties for the hedgefunds that doesn't follow the rule. The short sellers should have to borrow the stocks, no more naked shorts. Please ban the double and triple short ETF's.
WE the small investor needs confidence in the system, are you will lose us as investors. I say this after my investments have dropped significantly since September 2008. Thanks for reading my comments.