Stability to U.S. Equity Markets will not come until the SEC admits its wrong doing and reinstates the Uptick Rule!

Dec.03, 2008 in Market Outlook

Hedge Funds were assisted by CHRIS COX at the SEC, when they lobbied the SEC to remove the UPTICK RULE Summer of 2007. The DOW has shed over 6,000 points since this rule that was in place since 1933 was repealed by the SEC.

Ever since, stocks have been pounded short into oblivion by HEDGE FUND RUMOR SPREADING, FEAR MONGERING and NAKED SHORTING leading to massive BEAR RAIDS. This has ruined companies such as AIG, BEAR STEARNS, LEHMAN BROS and many others.

It has cost the US Tax Payer Trillions of dollars, it has wreaked havoc with the US Equity Markets and it has led to the demise of the average individual investors accounts. These HEDGE FUND CROOKS have stolen from the average stock investor due to the advantage given to them by the SEC, they have obliterated companies and left the U.S. Tax Payer with the bill - Trillions!

http://www.cnbc.com/id/27850397

http://seekingalpha.com/article/107174-the-uptick-rule-mr-cox-is-it-really-that-devilish

http://en.wikipedia.org/wiki/Chris_Cox

http://blogs.wsj.com/washwire/2008/09/18/mccain-calls-for-firing-of-sec-commissioner/

http://www.nypost.com/seven/10102008/business/cox_comes_up_short_with_other_members_133023.htm

http://www.businessweek.com/election/2008/blog/archives/2008/09/mccain_to_cox_y.html

Did you like this? If so, please bookmark it,