July 11, 2008
How many more comments describing how terrible it is to allow counterfeiting of stock does the SEC need. Fraudulent activity does not need comment. It is flat wrong.
Why don't you change the requirements to accept only comments on the topic of how important it is for market makers to create stock out of thin air, pocket the money and never deliver the stock.
Limit the comments to the great service these market makers provide by stealing and counterfeiting.
Let them explain how it is necessary for an orderly market to be allowed to manipulate stock prices for their own benefit.
Let them explain how the market will be disrupted by the laws of supply and demand.
Let them comment on the critical service they provide by adding liquidity to low float stocks by having an endless supply of imaginary paper.
This is insane. Stop stalling.