Asensio & Company, Inc. believes that the following are essential elements in any plan to improve the freedom and fairness of U.S. capital markets:
- Decentralize the SEC's Enforcement authority away from its politically-appointed, Washington, D.C. based Commissioners to the Chief Enforcement Officer at its local branches;
- Eliminate the regulatory bias against investors who oppose Wall Street's unreasonable stock schemes (these include the up-tick restrictions, the stock borrowing requirement and the exclusion of short sellers from the protections granted to other investors under the anti-fraud provisions of securities laws);
- Establish listing requirements that prevent public companies from filing frivolous lawsuits against analysts, media or other public commentators who criticize its management or have opposing opinions concerning the value of its publicly traded securities.
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