Watch what happens when you ban naked shorting, CDS trading and institute a transaction tax with...

|By:, SA News Editor

Watch what happens when you ban naked shorting, CDS trading and institute a transaction tax with a 6-hour notice, ZeroHedge warns. "With tens of billions in sovereign CDS scrambling to unwind overnight with no prior warning, you will see some seismic moves via arb desks... This is the most ill-thought-out regulatory plan in the history of capital markets."