basserdan, 27 October 2018
On September 8, 2008, Jonathan Johnson of Overstock.com, Kenneth Salomon of DowLohnes Government Strategies LLC, and John Wellborn of the Haverford Group met with Commissioner Aguilar and his counsel, Cyndi Rodriguez. They discussed issues related to the amendments to Regulation SHO, Rel. No. 56213 (S7-19-07) and the Emergency Order, Rel. Nos. 58166 and 58190 (S7-20-08) and issues related to data on the volume of failures to deliver.
Mr. Johnson followed up this meeting by sending further comments in an email attaching several documents that were presented at the meeting: “Naked Short Selling and The SEC Emergency Order” (Tab A); John Wellborn’s “The ‘Phantom Shares’ Menace” (Tab B); and charts showing the share and mark-to-market volume of failures-to-deliver from Q2 ’04 through Q2 ’08 (Tab C).
