August 18, 2009
I AM A SMALL INVESTOR WITH $150K IN THE MARKETS APPROX.,..
A 79 YR OLD WHO HAS LOST APPROX. $100K IN THE MARKETS IN THE
RECENT PAST.
THINK THAT THE SEC AND OTHER REGULATORY BODIES ARE DOING HARM TO THE LIKES OF ME. GLASS STEAGULL ACT IDEAS NEED TO BE YOUR GUIDELINES.
IN SHORT, AM AGAINST SHORT SELLING UNLESS OWNED FOR A SIGNIFCANT TIME PERIOD LIKE 5 DAYS OR MORE.
AM FOR A UPTICK ENFORCED RULE FOR SHORT SELLING.
AM FOR LIMITING SHORT SALES TO BE LIMITED TO 1,000 SHARES AT MOST WITH A 5 DAY WAIT PERIOD.
WOULD LIKE YOUR COMMENT BY RETURN EMAIL.
THANK YOU JEROME