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janice shell

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janice shell

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Re: jetfish post# 254698

Friday, 07/25/2008 5:58:51 PM

Friday, July 25, 2008 5:58:51 PM

Post# of 358522
The SEC is examining whether to require short sellers to reveal "substantial" stakes, just as investors must disclose significant positions in companies, Cox told reporters Thursday.

I don't get it. People who take large positions in equities are required to make "beneficial owner" disclosures because those positions mean that the owners may intend to play a direct role in the company's future.

Obviously shortsellers don't have the same intentions.

This is apples and oranges. Can Cox be so dumb he doesn't realize that?
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