June 11, 2009
There should be a permanent uptick rule on the market as a whole. Short selling, in particular naked short selling, has destroyed the market and investor confidence. People like Chanos need to be investigated and prosecuted for their ILLEGAL manipulation of the market. Look at stocks like Sirius/XM (siri). Market Manipulation is rampant. You, the SEC need to do your job. So far I have been less than impressed with SEC's job. American money goes to pay for the SEC and America wants these criminals punished. STOP THE NAKED SHORT SELLING Uptick rule needs to be in place immediately