August 2, 2008
Dear Chairman Cox
The emergency order of July 21, 2008 against naked short selling and as extended until Aug 12, 2008, focused on 17 primary dealers at commercial and investment banks whose collapse might expose the U.S. government to losses.
Decades of illegal naked short selling has driven many thousands of public companies and hundreds of thousands of hard working, tax paying investors unfairly into the ground.
Thank you for having the courage to stand up and publically recognize and warn the USA and the world, that without this critical emergency order, the VERY SAME FATE awaits not only the 17 institutions, but as well the US Dollar, the Treasury Dept., the USA economy, and the American Way.
May God next give you the strength to ensure this order against insidious naked short selling be now expanded and enforced across all companies in all markets and may it become your legacy to the American people.
John Reiter
Oakville Canada