July 16, 2008
The proposed amendments to File No. S7-19-07 Regulation SHO do not go far enough. The same SEC issued emergency order curtailing short selling in financial stocks should be applied to all stocks. It is patently unfair to have one group of stocks protected against naked shorting and not another. Regulation SHO has never done any good to protect investors as it is all bark and no bite. It is time to get serious and protect all shareholders against naked shorting.