The attention of the Security Exchange Commission: STOP NAKED SHORT SELLING.

The Issue

For far too long the stock market has been tilted/manipulated in favor of Wall Street. The issue is naked short selling. Despite being made illegal after the 2008–2009 financial crisis, naked shorting continues to happen because of loopholes in rules and discrepancies between paper and electronic trading systems.  More often than you think great companies such as Clover Health Investments are pulverized into the ground due to hedge funds and their illicit tactics yet the SEC does nothing. This is not just about the referenced stock, but the broader market in general is threatened, market manipulation that can damage companies that could potentially change the world for the better. The free and open market is at stake.  Today we take a stand against illegal shorting. Please join a cause greater than ourselves and sign this petition. 

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J RPetition Starter
This petition had 2,751 supporters

The Issue

For far too long the stock market has been tilted/manipulated in favor of Wall Street. The issue is naked short selling. Despite being made illegal after the 2008–2009 financial crisis, naked shorting continues to happen because of loopholes in rules and discrepancies between paper and electronic trading systems.  More often than you think great companies such as Clover Health Investments are pulverized into the ground due to hedge funds and their illicit tactics yet the SEC does nothing. This is not just about the referenced stock, but the broader market in general is threatened, market manipulation that can damage companies that could potentially change the world for the better. The free and open market is at stake.  Today we take a stand against illegal shorting. Please join a cause greater than ourselves and sign this petition. 

avatar of the starter
J RPetition Starter

The Decision Makers

Joseph R. Biden
Former President of the United States
Ron DeSantis
Florida Governor
Former U.S. House of Representatives
2 Members
Nancy Pelosi
Former US House of Representatives - California-12
Kevin McCarthy
Former US House of Representatives - California-23
U.S. House of Representatives
3 Members
Maxine Waters
U.S. House of Representatives - California 43rd Congressional District
Steve Scalise
U.S. House of Representatives - Louisiana 1st Congressional District
Jim Jordan
U.S. House of Representatives - Ohio 4th Congressional District
Gary Gensler
Gary Gensler
Securities and Exchange Comm

Petition Updates