May 4, 2009
Old rules that were instituted during the Great Depression
specifically the uptick rule and naked shorting should be restored The
etf's that are double and triple shorts circumvent the margin rules
e.g. 50% down and unhinged the market and allowed hedge funds to drive
down the finacials. This was a great wealth destroyer for the average
American investor/401(k) participant.
Bring back the rules that were in effect for over SEVENTY YEARS