Mary Schapiro Wants to Curb Short Selling, Speaks in Tongues

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Our fave porn-loving regulators are taking a stab, yet again, at short selling, considering measures to curb it "soon." But while one can only laud Mary Schapiro's effort to sugar coat the proposal, she's not helping the SEC regain any kind of respectability and seriousness, and at this point, Mary might want to consider a lesson or two from Lucas van P.
This is what she had to say, and if someone can translate, please stand up: "It is difficult to connect the dots and ferret out wrongdoing as trading activity frequently occurs across various markets and each market is only able to readily see trading activity conducted in their own market."

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