June 24, 2009
SEC:
What are you waiting for? Take actions
You were seeking feedbacks. Now feedbacks you received are overwhelming.
What else are you waiting for???
It is obvious some institutions don't want to restricted rules in place for short selling, so they can keep short selling other investor's shares. Keep the back door open is such convenience to steal
It is also same obvious that all "small fish" are trying to avoid being swollen by institutional sharks. It is also understandable institutions can naked short, have much money and power to lobby you or buy your decision.
But remember, if all integrity is not restored, if stealing other money by allowing printing and selling fake shares continues, all people will lose confidence, and Wall Street, you can go ahead play with yourselves. At the time, we will not need a SEC, we can watch the dog fight on Wall Street