July 21, 2008
I see that the naked shorting of large financial institutions will not be allowed. These are the same companies that have been shorting resource stocks for years, and now they are getting a tasted of their own medicine.
Why don't you enforce the laws you already have on the books? Why are the companies that have already been fined for engaging in this practice now entitled to special protection under the law? My suggestion is for the SEC to prosecute criminals instead of protecting them.
Enforce the existing regulations, without any exceptions.