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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?
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To: Qone0 who wrote (1802)9/23/2006 6:41:18 AM
From: NightOwl  Read Replies (1) of 5034
 
<<The broker/dealers will lose this fight against transparency. IMO.>>

I hope you are all correct, but as far as the actual "stock exchanges" are concerned from where I sit "transparency" would mean the end of monopoly control by brokers/market makers.

The huge industry/corporate effort to water down SarbOx at the very same time it was forcing the back dated options scandal into the light; the smaller corporations complaining about compliance costs are spending just as much if not more on executive option grants, anti SarbOx lobbying and perks; not to mention your standard garden variety S&L Insolvencies to Enron scandals, I have already lost whatever "confidence" I may have had in these markets.

As best I can tell... its only saving grace is that it's the only game in town.

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