May 5, 2009
I am opposed to the vicious short selling that we have seen since last summer. One group should not be in charge of what goes on on Wall Street. The uptick rule seemed to keep this type of short selling in check. I believe that removal of the rule at the very least aggravated the selling if not aided and abetted the cataclysmic fall of the stock market. I believe we have only to gain by reinstating the rule.