you know .. how about a little common sense and logic gets applied ..
legal shorting is necessary .. so implement sen. kaufman's suggestion of a unique id for a batch of shares legally borrowed against but have it computerized so they are *visible* or *transparent* for all to see .. no dark holes
secondly .. never allow *shorting* on any co. whose pps falls below X .. that could be 1.00 or .50 cents .. this would allow those new co.s with non street savvy ceo's to not be *deliberately destroyed* before they can actually get off their knees ..
which brings me to my third point ..
change the regs on sarbox to a sliding scale on the costs .. so that the one size fits all policy that is so swell for msft .. doesn't annihilate small and micros .. truly crippling for those coming public .. we've lost a decade
and lastly .. make every co. on the pinks have to *file* some basic aspects .. that would include share structure .. cd's and the like .. on an annual basis or even every 6 months .. if they don't they can't *trade* ..
not every co. that comes public on the otc/otc bb is a scam .. but most are preyed upon as tho' they are
but without the ability to *legally short* a new co. there will be no Naked shorting .. which will solve that little .. issue .. regardless of where it's done and by *whom*