It is an excellent start.
In my adult life, I think that Cox is the single most inept and feckless SEC Chair. Ever.
Today’s “new” rules against naked shorting and the select list of 19 stocks that couldn’t be naked shorted back in July have cost Cox all credibility he had on the Street. He’s a fool and a tool, and should be summarily fired and horsewhipped as he cleans out his desk.