Oct. 09, 2022
October 9, 2022
It is shameful that large organizations have been allowed to create money out of thin air through the practice of illegal naked short selling. For the last decade the SEC has turned a blind eye to this practice.
A few years ago in an interview I heard Elon musk say that he had no respect for the SEC and at the time I remember thinking how disrespectful and unprofessional of him but now as I've learned more about your organization I find that the SEC seems to be in bed with large hedge funds and their attempt to create money out of thin air by allowing illegal naked short selling.
The SEC should stop allowing organizations to sell shares in companies they do not own.