September 29, 2009
This must be part of the SEC's very, very, very, very deliberative process on thinkin' 'bout gettin' 'round to doin' somethin' 'bout the uptick, shorting and the market... Yep.
Didn't see any such deliberation when Cox removed the uptick and practically allowed the shorts to destroy the country. Nope.
What is wrong with the SEC and why does it continue to insult our collective intelligence?
HARD BORROW RULE
NO SHORTING WITHOUT AN UPTICK
NO CDS SHORTING
FULLLLLLLL TRANSPARENCY OF SHORT POSITIONS
The public WILL NOT STAND FOR THIS.