.crazylegs..

What Pushed the SEC to Tighten the Rules - Now?

Apple Heavy, shorting is a major help to the markets to provide liquidity. This is a bona fide activity, and it is what makes a fair market. What should be banned is 1. the naked shorting and failing to deliver stock to the buyer at settlement; and 2. the rumor mongering to drive down shares. All shorts SHOULD have to pre-borrow. Even though this rule is already in place, the SEC has FAILED THE MARKETS MASSIVELY BY SITTING ON THEIR ASSES AND NOT ENFORCING THE RULE.