June 12, 2009
We need the uptick rule re-established NOW. I can't believe the SEC has still not implemented a new way to control short sellers and naked shorts in particular. What the SEC has done is they have made a market for traders only, without taking any steps to re-assure the average investor. We need a fair market for all, especially the long term 401-IRA type acct holders. To satsify traders only is a huge mistake because as we have seen they are only interested in making personal fortunes at the destruction of the market for everyone else.
WILL YOU PLEASE ACT IN FAVOR OF LONG TERM MUTUAL FUND TYPE INVESTORS NOW...NOW THAT MEANS NOW