http://biz.yahoo.com/rb/080819/sec_shortselling.html The SEC is acting like a common salesman.... I'm gonna sell ya....but not gonna sell ya.... The SEC needs to stay out out the markets....and have already proven their stupidity by only being able to act after events happen....too little too late..... As your own previous head Mr. Levitt has stated....now is not the time for stupid experiments.... The real statement means we are going to make trading more difficult and more expensive....and will have no impact on prices.... Well, if what you are doing is not having any impact on prices, then why make types of trading impossible, less timely, and more expensive....if this is all you are accomplishing ? F'in unbelievable.... And educated way way beyond their intelligence.... All for the sake of appearing to take action... For what ?
What do you mean "for what"? The Fed and Treasury are getting all the glory. The SEC has to elbow in there and seem important <i>somehow</i>!