May 7, 2009
Dear SEC:
Please reinstate the "Uptick Rule" in its entirety, and make ETFs that are "double and triple" shorts illegal.
Our economy should be based on positive growth investments not Wall Street manipulators and Hedge Funds who try to make money by destroying Companies with uncontrolled shorting!---I believe one of the biggest reasons for the markets downward "vortex" since last September was because of uncontrolled shorting.
I am a 62 year old retired male who no longer trusts Wall Street and Hedge Funds in particular!!!
Sincerely,
Dale Andrews