Cramer for SEC Chairman Cramer submitted his humble request to the President-elect to make him SEC chairman. If appointed, Cramer would make the following reforms. Investigate bear raiders. Cramer would look for evidence of wrongdoing that brought down Lehman Brothers and other financial institutions. Reinstate the Uptick Rule which made short sellers wait until a stock first ticked up in price. When Chris Cox repealed the law, stock prices became more volatile. Get Rid of Overleveraged Exchange-Traded Funds like double or triple short ETFs that make the bearish pressure on a stock artificially intense. Also, these tend to be ordered at the last minute and create the huge late-day declines we've been seeing lately. Watch for Market Manipulation that makes major stocks like Exxon (XOM) trade like a penny stock. One way is to examine the activity of aforementioned ETFs. Demand Transparency. Cramer said he was surprised that AIG's (AIG) and Citigroup's (C) balance sheets did not show signs of problems that led to a government bailout. He wants companies to give a clear accounting of their financials. Cramer said Christopher Cox is an "ideological fool and announced, "I'm ready for the job. Let's make the change."