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Yamana Gold, Inc. Message Board

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  • hapiwondrer hapiwondrer May 22, 2011 5:34 PM Flag

    Is there any way…

    There will be more to say about the subject of disclosing the identities of naked short sellers. It is evident that there is widespread concern reflected by the number of “hits” on the Internet when the right keywords are inserted. For example, "naked short seller" +identity. There are literally hundreds of different websites that have accounts on naked short selling and the failure of the SEC to address the identity of those engaging in this “illegal” activity. There are, in fact, other countries that do consider naked short selling to be an illegal transaction, Germany being one of them. So, as previously stated, it is becoming obvious that this country’s SEC is absolutely corrupt.

    Here it takes mere hours to disclose the identity of those who commit murder and mayhem. But since those harmed by the practice of naked short selling are, for the most part, unseen Main Street investors and small companies, it seems that regulators (the SEC, et al) feel free to ignore a practice that can inflict extreme financial damage on those who are targeted by the practice.

    When time permits tinurls will be posted, with brief quotations from the cited links, of the many concerns over the practice of naked short selling, and the SEC and other regulators failure (or acquiescence favoring naked short sellers) to address this illegal activity. If any others wish to also bring their own efforts to disclose illegal short selling from their own sources, preferably by well documented links rather than their own personal opinion, they will be providing an invaluable public service to those who believe in market integrity. This is the most objective way to produce public pressure on regulators to get off their duffs and address the problem, or become identified as in collusion and therefore part of it.

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