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Non-Tech : Market Makers - What They Do and How They Do It
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To: Savant who wrote (398)9/17/2000 12:13:21 AM
From: CIMA  Read Replies (2) of 429
 
From RB - By: dancey $$$
Reply To: None Saturday, 16 Sep 2000 at 11:29 PM EDT
Post # of 5835


SEC considers ending short sells

SEC considers ending short sells

ATTN: Posters and lurkers take this to two other boards, asking that it be reposted to identify participation and promulgate this cause.

****

Short interest as a known commodity is part of DD, but not having to be responsible to cover margin calls is the practice that will be curtailed with new legislation. Shoot off an email to the SEC, they are requesting consumer feedback relative to MM short sales.

RE: SEC enactment of legislation to eliminate short sells

SEC Concept Release:
Short Sales

sec.gov

Comments also may be submitted electronically at the following E-mail address:
rule-comments@sec.gov.

Here's an excerpt from the SEC sight.....

OTCBB investors are responding. SEC has received a record number of comments from individual investors, numbering in “the hundreds.” They’re surprised, because they rarely receive many individual responses to such proposals, and the word is out that the issue of MMM is gaining their special attention.

This should easily be responded to by the thousands. I am drafting my response, and will take this cause to two other boards I view.
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