May 4, 2009
SEC should reinstate the original uptick rule, which worked well for 70 years. The 2005 bull market period when market test was done was invlaid due to market conditions. Is a disgrace that SEC has failed to protect the individual investor by failing to enforce naked short selling rule.
Admit your moistakes, support the various federal/New York legal agencies to determing those SEC individuals who were compromoised (i.e. paid) to eliminate uptick rule and who have failed to enforce naked short sellling lsw.