May 9, 2009
Restoring the "Up-Tick Rule" is a requirement to restoring the investing public's confidence in the "system". We, the public, know that the elimination of the Up-Tick rule has been enormously profitable for the Hedge Funds and Private Equity Groups. The clear perception is that the SEC is a "tool" of the crowd that brought the ecomomy to its knees and destroyed the savings of millions of lifetimes. Prove the perception wrong: The SEC comes across as being the protector of the big money guys, not the defenders of the public good. I dare you to RESTORE THE UP-TICK RULE. No, that's not right... I TRIPLE DOG DARE YOU---
Cliff Nelson