October 9, 2008
The SEC must need input. The SEC needs to be up to the task of real regulation. Please do the following...NOW.
1 - Enact a PERMANENT ban on ALL short selling in US markets
2- Enact a PERMANENT ban on sale of all stock market put options
3 - PERMANENTLY halt all trading in all short and ultrashort stock market ETFs
4 - Institute these changes IMMEDIATELY without any further warning for maximum impact
5 - Implement MANDATORY reporting of short selling activity in foreign markets
Please DO YOUR JOB The markets are out of control with phantom shares.