From: Francis L. Lemay |
Jonathan G. Katz Dear Mr. Katz, I am writing to support the Pink Sheets petition to the Securities Exchange Commission to amend NASD 3360 and require NASD broker dealers to maintain a record of total short positions in all customers and proprietary firm accounts in all publicly traded equity securities as well as report this information to the NASD for public dissemination of the short positions by security. The Securities Exchange Commission action is urgently needed to prevent fraudulent acts ( counterfeiting and sale of securities), expose market manipulation, promote fair principles of trade and above all protect the investing public. Sincerely, |