1) Public Company Accounting Oversight Board has dropped the ball on Sarbanes-Oxley. We need to enforce this act ASAP. Many companies' books are completely opaque.
2) Bring back the short-sale uptick rule ASAP. Shorts can short indiscriminately causing market volatility.
3)Ban naked short sales. Shorts MUST borrow shares sold short.
4)Create a SWAP exchange via a consortium of banks which will enable clearing, settlement, and marking of swap positions.
5)Allow employees to sell or hedge company stock. Many people lost their savings because of this inability to diversify their future.
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