Universal Energy Corp (UVSE)

[StockGrabber]

I am sure someone has already posted the info below from other sources, but this news release seems to make it crystal clear that enough is enough when it comes to NSS. Now if they could come up with a way to eliminate all the other unfair and often illegal practices by the MMs that give them an unfair advantage in the marketplace, we would be in good shape and the free market system could start working again.

"WASHINGTON (MarketWatch) -- U.S. securities regulators issued new rules Wednesday designed to protect investors against so-called "naked" short-selling, including requiring short sellers to deliver securities by the close of business on the settlement date and making clear that those lying about their ability or intention to deliver on time are breaking the law. "These several actions today make it crystal clear that the SEC has zero tolerance for abusive naked short selling," said Securities and Exchange Commission Chairman Christopher Cox. Cox was criticized by Senate Banking Committee Chairman Christopher Dodd on Tuesday
for not doing more to prevent abusive naked short selling. "