April 21, 2009
I vote yes
Proposed Uptick Rule: A market-wide short sale price test based on the last sale price or tick (a proposed uptick rule).
The majority of investors in this country want a well thought out rule that was instituted after the stock market crash of 1929 reinstated,no human hand should be able to overide the uptick rule under any circumstances at any time,the circuit breaker modification allows fraud and the old tested rule does not.
The need for reinstatement of the Uptick rule is urgent and dire,the bear raiders are criminals and the illegal activites since 2007 have been ignored because the new short selling rules were crafted for people to take advantage of the system,this must not be allowed any longer.
Wall street is not Las Vegas and the game should not be rigged to favor the few.
Thank you
Alan H Willis