Market Curiosity: Exploring Markets And Systems

May 5, 2010

2 simple ways for the SEC to regain trust

Filed under: Editorials — Tags: — Jeff Fitzmyers @ 3:42 pm

Few trust the SEC or Wallstreet with good reason: Neither are doing what they said they would do.

1) Enforce the no naked short selling rule. Not just with a few cherry picked stocks, but across the board.

2) Massive transparency and fewer rules. For instance, insiders should be able to do what they want with their stock — with the requirement that changes are published in real time. Let the market decide what the actions mean. What does “Automatic Sale” really mean?? Who knows? It is just a euphemism for selling stock. So just call it that.

For example, front running a problem? Publish all trades AND who (which broker) executed them at the end of the day. Clients can then check for themselves.

Leave a Comment »

No comments yet.

RSS feed for comments on this post.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: