SEC Revs Up Short-Sale Crackdown - March 6

The SEC has proposed a new rule aimed at curbing naked short-sale abuses. Also, a new venture capital fund that will seed consumer media companies is being produced by a partnership between a Hollywood talent agency, two venture capital firms and a major telecom. Meanwhile, in efforts to get PE firms to better engage workers in portfolio companies, at least three of the largest trade unions in the U.K. have embarked on a campaign to make sure PE firms are required to abide by the proposed Transfer of Undertakings and Protection and Employment Bill. Finally, cash-heavy HFs may find new feeding grounds in Australia, as they look for new opportunities and while the companies down under are turning to alternative funding.

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News & Politics

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• EMII
• Institutional
• Investor

[gert123456]

The SEC should stop making new laws and start enforcing the laws that already exist. When a bank robber robs a bank, the government doesn't introduce more laws against bank robbery, it enforces existing laws. Naked Short Selling is fraud and theft and the corrupt organisation called the SEC should get off their asses and do something. Furthermore, the SEC SHOULD BE INVESTIGATED FOR THEIR CORRUPTION MADE OBVIOUS IN THE AGUIRE CASE.