July 16, 2008
In our opinion,
NAKED SHORT SELLING , is killing the financial market in the USA.
When will you completly control the abuse of NAKED trading ..which we believe is weidespread in financial and real estate sectors of the market.
ALL..repeat ALL trades must be subject to the NORMAL and Accepted THREE DAY delivery requirement ...
Naked trades are obviously being used to "pile on" certain stocks ..RE Bear Stern 'Collapse and the Fannies etc.
Findings
COMPLETLY control ALLA repeat again,ALL) NAKED trading before the market ends up in a complet collapse.
Thankyou.
Lilliana.