September 25, 2005
This is my petition to request to change NASD Rule 3360, Request for Rulemaking Member Records of Short Positions & Reporting & Public Dessemination of Aggregate Positions By Securities.
I am a small investor and have to say that it is disgraceful to watch the nated shorts manipulate the pink sheets & OTCBB securities. I really do not understand how this kind of short trading is allowed and not regulated with more stringent regulations.
I really hope that stricter rules for pink sheets and OTCBB trading will shortly take effect.
Thank you, E. Flinn