http://www.investigatethesec.com investigatethesec .com/index.htmlfill in spaces.
Thank you for signing our petition
In signing this petition, you are requesting that there be an independent Congressional investigation into the Securities and Exchange Commission's actions regarding the manipulative and abusive trading practice of nakedshort selling. This petition will request that the investigation seek answers as to why this illegal trading practice has been allowed to exist for over a decade without significant enforcement and regulation to prevent it.
Since the mid 1990's, the SEC has been aware of naked short selling and failed to adequately respond to investor and company complaints alike. In recent years the FBI, SEC, and the Royal Canadian Mounted Police have conducted investigations into naked short selling and followed these sales through money laundering schemes used by criminal elements. Those elements jeopardize our Homeland Security. Unbelievably, the practice of naked short selling still continues to this day regardless of where the profits are going.
If the SEC has failed to take adequate counter measures to stop this illegal trading practice, we not only need to know about it, but we request an accounting of their actions.
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Lets all sign this before the put the April date up.
Thanks.
[This message has been edited by Allstocks (edited March 07, 2004).]