Monday, March 8, 2010

Quotation of the day for March 8, 2010

The Quotation Of The Day Mailing List

Quotation of the Day for March 8, 2010



"This is regulation by placebo. We're hopeful the pill, although lacking potency, will convince the patient that everything is alright."

- Kathleen Casey, a Commissioner of the U.S. Securities and Exchange Commission, while denouncing as "pure conjecture" the suggestion that restricting short sales would bolster investor confidence.

[http://www.marketwatch.com/story/sec-votes-3-2-for-alternative-uptick-rule-2010-02-24?dist=countdown]

Submitted by: Duffy O'Craven
Feb. 25, 2010

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