August 23, 2009
Dear SEC Chairman,
I oppose the alternative uptick rule.
I support the ban on naked short selling. I think the ban on naked short selling and strict enforcement of that ban goes far enough in ending abusive short selling.
If the alternative uptick rule is passed, then I hope it will apply to all market players. I oppose market makers, specialists, or any other party being exempt from the rule.
We need a fair and transparent market in which no one receives preferencial treatment.
Regards,
Sam Peterson