What the SEC is admitting is that short selling is a destructive force in the market.

The boob on TV right now says that short selling is a benifit to the market.

Well this is simply the same thing as allowing criminals to define the definition of a crime.

For instance bank robery would have tax free status as it stimulates buying... improves liquidity in the cash market.

Drug dealing would be legal because it maintians tranquility in troblemd times...

etc etc

the fact is short selling is stealing.... it is theft of another personal investment profit.

Fact is non of the banks and investment houses ask investors to loan their shares out to a short seller.... The banks loan your shares out without your concent for that individual trade... They do it in the guise of a global certificate and trustie of your investment... This is fraud..

If I had ever had even on request, or heard of someone who had a request to loan some shares I would think otherwise.

The loan is also fraud in another instance... the bank recieves a fee for this loan which is not passed on to the real holder of those securities. In effect a conflict of intrest.

In todays imediate desemination of information, short selling is not required... with the exception of one reason... To facilitate the exercise of a warrant.... some thing that is not allowed within an RRSP...

Apparently this practice is for my own benifit as it is much less risky to put up fresh money when warrant get in the money, than to sell first, exercise and have the profit build into the tansaction with the short.

Conclusion: The markets are riged for the house/ bank/ hedge funds

The scumbags in the SEC are all populated from these seads... so no wonder they want control of the rules.

Simple fact is short selling is theft.... as the rules are cercumvented to profit the institutions....JMHO