July 24, 2008
Your policy of turning a blind eye toward naked short sales (NSS) has been an abomination and has aided and abetted illegal activities of many individuals and institutions that have been gaming the market. This neglect has cost honest investors many billions of dollars, and has resulted in the demise of numerous viable companies. It is far past time to enforce the NSS rules you already have on the books, and with the tools you likewise already possess. No more excuses. Get hot.