August 18, 2009
One of the few level playing fields for the retail investor is the "market on open" order.
A retail investor can place an order to go long or go short "at the open" and be filled at the same opening price as the large players.
I don't care what you do with the short sale rules so long as you don't interfere with that process.
A retail investor needs to be able to go long or go short at the open and get the same opening price either way.
Any interference with this is a travesty.
Thank you.