September 19, 2008
I am an individual investor, and am not affiliated with any company affected by the short selling ban.
The short selling ban is an abomination and an affront to free markets that we say we believe in. Legitimate short selling is an absolutely necessary part of any market to ensure that information is correctly processed. To ban it even temporarily is to risk unfair valuations and liquity crisis, to say the least.
I strongly urge you to reconsider immediately. I will be writing my representatives to urge them to replace SEC leadership until this ban is lifted.
Sincerely,
Charles Jackson