Naked Shorting-Hedge Fund & Market Maker manipulation? Message Board

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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

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From: kknightmcc	9/24/2007 1:37:01 PM
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NCANS - The National Coalition Against Naked Short Selling - Failure To Deliver Welcome to the new home of NCANS. This coalition was formed over 2 years ago, to act as a voice for investors concerned over the growing crisis in our capital markets caused by deliberate and widespread delivery failure. The group's first act was to run a series of letters in the Washington Post, addressed to President Bush, protesting the new Reg SHO, and its onerous Grandfather provision. The full page ad that kicked off that effort created a media storm of visibility for the issue. Subsequently, NCANS generated a video news special, an Amicus brief in the Nanopierce case, and several comment letters addressed to the SEC, calling for the repeal of the Grandfather provision, and the elimination of the options market maker exemption. NCANS is cited by the SEC in its own documents addressing Reg SHO's effectiveness, and NCANS remains a vital force in highlighting the issues surrounding delivery failures and market manipulation. The original content from the now defunct NCANS site will be migrated over as additional disk capacity is available here. thesanitycheck.com

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