Federal regulators, who have vacillated for years over whether to curb short selling, are expected to approve new restrictions Wednesday on the practice of betting that a company’s shares will decline, according to sources familiar with the plans. The new rules by the Securities and Exchange Commission will seek to strike a middle ground between those who argue that limits on short selling are ineffective and perhaps damaging, and those who argue that they are a necessary measure to prevent speculators from pouncing on a stock when it is quickly declining.
SEC Expected to Approve Restrictions on Short Selling
Most Popular Articles
Latest Articles
Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit
Ginnie Mae admits only to core facts of the case, denying all allegations, “inferences, arguments, and legal conclusions” in the complaint.