Everyone seems to agree one one thing, at least: naked shorting has to stop. So instead of dreaming up new onerous regulations, how about the SEC start enforcing the existing ones? The credible threat of losing one's seat on the exchange ought to suffice; if it doesn't, there's always a stay at Uncle Sam's pleasure. When the REG SHO list is empty for 6 months running, we can open a debate about shorts being manipulators. Until then, the only thing we all agree on is that naked shorting has to stop.
And if and when it's time to have that debate, I'll want to see records of all the PPT's meetings and actions as well. There's plenty of manipulation on the long side too, and some of us suspect the government is behind part of it. I'd love to be proved wrong on that score.
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Everyone seems to agree one one thing, at least: naked shorting has to stop. So instead of dreaming up new onerous regulations, how about the SEC start enforcing the existing ones? The credible threat of losing one's seat on the exchange ought to suffice; if it doesn't, there's always a stay at Uncle Sam's pleasure. When the REG SHO list is empty for 6 months running, we can open a debate about shorts being manipulators. Until then, the only thing we all agree on is that naked shorting has to stop.
Apr 19 13:01 pm
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All Comments by bearfund »Should Short-Selling Be Limited? [View article]
And if and when it's time to have that debate, I'll want to see records of all the PPT's meetings and actions as well. There's plenty of manipulation on the long side too, and some of us suspect the government is behind part of it. I'd love to be proved wrong on that score.