August 27, 2010
I would like the SEC to reinstate the "uptick rule" with regard to stock market short selling, which was in effect until 2007. I would also like the SEC to abolish the ultra short ETF's which only have a benefit for day traders and no one else. The lack of an uptick rule, and the presence of these ultra short ETF's create unfair market manipulation which hurts small investors in the stock market. And, it is highly likely that they were responsible for some of the devastation of the 2008 market crash, in my opinion. Why do we have these holdovers from the Bush Administration around still, when all they do is create an un-level playing field???