jakedeez

SEC Goes After Shorts: Killing the Messenger

There is a rule already against naked shorting, and for everyone but market makers it should be strictly enforced. Additionally, failures to deliver should be harshly treated. Neither Ackman, Einhorn, Loeb nor Tilson have been shorting naked... they are savvy players who follow the rules. I am sure everyone of them would agree that the rules should should be enforced. The SEC is out of control... they temporarily made it harder to break the rules, then let that expire? What sense does that make? That is like removing traffic cameras because people start running red lights less once they are installed...