Letter to U.S. Congress to Ban Short-selling

Subject: Current law permits short-selling of a security by brokerages and mutual fund principals (Chairman and BOD) based on borrowing the security from their clients and mutual funds.  This law induces a breech of trust between a mutual fund company and mutual fund holders and between a brokerage and its clients.  It induces naked robbery of a vast majority of American mutual fund investors by a few mutual fund company principals and brokerages.  This law must be repealed in the best interest of American mutual fund investors to avoid potential social instability that may erupt due to such robbery....