Globel E

Underdog Smallcaps: Potential Short Squeezes

Is it correct that
1) short selling is legal,
2) naked short selling is not,
3) the damage is best done by massive naked short selling,
4) the SEC put out some temporary rules last month to protect vulnerable financials from "excessive naked short selling damage"
5) those temporary rules only protected a relatively small group of companies
6) those temporary rules ended about a week ago
7) they are now planning new rules to control short selling after the miseries of Monday, 9/15
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8) the new rules will be a new way to enforce the laws that have existed all through this insanity?

Please which piece am I missing? Why is it not possible to enforce existing laws against a practice, but it is possible to enforce temporary "rules" against that same ILLEGAL practice?