Iconoclast421

SEC Considering 'Market-Wide' Short Sale Rule

I seriously hope the SEC can stop naked shorting without messing up the market. It is obvious that naked shorting isnt responsible for the state of the financial sector. But a lot of companies across the board are being destroyed by naked shorting. The SEC never seemed to care about it before, and they surely know that they can't help the banks. So one has to wonder what compels them to act now. I guess they all made enough money?