September 11, 2011
Naked short selling continues unabated, while the SEC does little to prevent it. There is NO protection for investors. Market makers simply mark the orders inaccurately now. Why do you have a reg sho list? BECAUSE IT'S STILL HAPPENING. It's been outlawed in other countries FOR A REASON.
And bring back the uptick rule for God's sake...there isn't an investor on the planet that does not understand how it puts the average investor at a disadvantage to HFT trades.
The SEC is a joke run by Goldman Sachs, and should be shut down....