July 18, 2008
We need no further exemptions.
Lets just excuse the banking sector for loosing hundreds of billions of dollars-unbelievable.
The current naked short rules are a total disgrace-not enforced at all.
We need equal protection under the law for all securities not just wwhat Goldman Sach's decides via Paulsen, Bernanke and Cox.
You guys can eliminate fraud-do it-its your job. Claims of illiquidity by all dealers are not justified by naked short selling-no compromise. The Grandfather clause is totally absurd and protects the privleged. No extended grace periods for failure to deliver PERIOD.
Within 5 years we will have no America.
An American Patriot and concerned citizen
Thank You for your time