March 1, 2009
Date: 3-1-09. Why has Chairman Shapiro's SEC failed to reinstate Rule 10a-1 and not rescinded rule 201. These rule changes, implemented under Cox, have had profound negative effect on the stock market. It's clear that banks, insurers, pensions, corporations and the country's ability to reignite the economy are unnessasarily being damaged by the loss of real wealth that computer driven short seller programs are inflicting on the markets.