[fml]

Byrnes is a whack job and now Hatch has embarrassed himself

[bryedge]

Patrick Byrnes is not only brilliant, he has the ability to converse intelligently enough (unlike you) to convince the Utah Governor to sign legislation forcing the prime brokers to divulge their complicit criminal activity.

Had it not been for Morgan Stanley twisting the weak arms of State Legislators, the law would be in force instead of delayed.

The list of experts speaking out to the SEC against the status quo of Reg. SHO is very long and their comments can be read at the SEC's website.

A great submission by the United States Chamber of Commerce can be read at

http://www.uschamber.com/NR/rdonlyres/etgreycmkipkp4rlg6yskvgi65sihiocej7z2mngb6x5mnw4bgrysyexjlmfi6rsyd5fkmjuc4ujxaeh2hq2arz2srh/060913_reg_sho.pdf

From the United States Chamber of Commerce

"However, under the current system there are too many naked short sells that are not legitimate. Trades are executed without the basic economic discipline of supply and demand - and accordingly, naked shorting is used to manipulate markets and purposely drive down thinnly traded stocks to the detriment of investors and our capital markets generally."