October 9, 2008
If purchases by large holders have to be disclosed why would anyone think of not having the short sales by large holders be disclosed as well except the utter sympathy SEC has shown for the criminal naked shorts by not enforcing it's very own rules that require naked shorts to cover. These criminals need to be exposed and requiring disclosure of short position is just common sense for God's sake that should not even require deliberations except that large hedge funds will bring all kinds of excuses to prevent it including market manipulation to show SEC the rules have no effect. When is the SEC going to step up to the plate and take responsibility for the mess it has created by sitting on its chair and doing nothing about criminal naked shorts and large shorts who would not do what they do if the world knew who they were.