Hell yes.
1. prohibit short sales
2. prohibit derivatives
3. prohibit flash-trades
4. tax every transaction on wall street
5. take withholding tax off every sale on wall street, 30% on profits zero on net losses
6. bring back Glass-Stegall
7. make the SEC like the FBI and go after off-shore tax cheats
8. get tax breaks for US jobs created
1, 2 and 4 are horrible ideas.
Short sales are important in price discovery. We should be doing more to encourage short sales, not less.
Prohibiting derivatives is another really, really bad idea. Derivatives play a critical part in distributing risk within the economy.
Taxing every transaction on Wall Street will just take more trading business away from America. They tried it in Sweden in the 90s to "pay" for their banking crisis. It was a disaster
Yeah, and short selling not only makes for a more comprehensive and efficient market, but also creates real liquidity.