September 29, 2009
I commend you for taking action on short selling. Short selling should not be called borrowing shares it should be called taking shares. People in a retirement account do not want shares loaned out for short selling so they keep our shares in their name and do it anyway. This is thievery because we get absolutely nothing in return. If shares are loaned out and the company or investment firm goes bankrupt we are stuck.No one even knows we own the shares because they are not ours on paper.This is just taking something that does not belong to you trying to make money on it and not even tell you even thou you have your life savings invested. Daryle L. Owen