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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Wizzer who wrote (650)	1/31/1999 5:55:00 PM
From: trilobyte	Respond to of 2259

FWIW ... there is a lot of regulations and rules comming from toronto , but there is one which i am really missing ... for instance every inside selling has to be reported ahead to "autorithies" for the reason it can be manipulative for the stock price ... NOW why banks and brokerages are taken out of this ... THEY are the ones who can and will manipulate the price at their convenience and far more than if some CEO will sell 100k of shares when the float is 15 000 000 ..... i am not saying that the banks or brokerages should be forced to release shares which the hold for customers .. but sure as hell they should be forced to make public their OWN long positions as well as the short one ... it will still not make the field same for everybody , but sure as hell it will make it a lot better to have some idea how many jokers they have up their sleeves ..... just my 2 cents .... tlb