Jeff, I welcome your initiative but also agree with the issues raised by Bob O'Brien in his comments to you.
I'd welcome anything to lessen manipulation. In the event this comes to pass, I'd like to see more with respect to the latest trends relative to hedge funds and the role of market makers, along with suggestions for changes in their respective regulatory environments. These suggested changes would take into consideration the obvious conflicting goals of efficient, effective operations on the one hand and the regulation and disclosure that I believe are needed to make markets and information more fair and available to all on an equal basis.
Furthermore, I'd like to see more that would explore the area of toxic financing and discount private investments in public equities and the effect of and regulation of dumping of shares, whether that be by management, insiders, touts, vulture funders, MM's, hedge funds or associated traders. This, I believe, is an area where both camps and posters, including both of us, often find agreement and may be a place to start.
I don't think it's possible to get anything done without having an analysis of the broad background. Otherwise, it will degenerate into what we see on message boards, with one side saying the other side consists of all the scammers, and vice versa. |
