August 4, 2008
I would like the rules that are now protecting select financial equities extended to cover the rest of the equities market. Rumors are being spread and short-selling is beginning to hit some of my main holdings in my retirement account, particularly Apple and ATT.
I would also like to see some version of the "uptick rule" reinstated. A ten cent move to the upside before shorting would really help, I believe. I'm growing poor as a retail investor, with the proliferation of naked bear raids after false rumors. It seems that these naked shorters have simply moved to a different playground.
Please DO something.