Investors Welcome Protection against Short Selling
Fred Lipman was recently interviewed by Reuters regarding short selling of financial and automaker stocks, and the sharp decline the investment method has faced since July.
The SEC has implemented temporary bans on short selling stocks since the fall of Lehman Brothers, and has implemented emergency rules to crack down on so-called “naked” short selling.
Still, some investors welcome the addition of further layers of protection, saying short sellers would "get used to it," said Mr. Lipman.
“Short Selling Declines as US Stocks Scrape New Lows” by Deepa Seetharaman appeared in Reuters on November 28, 2008. For more information, please visit www.boston.com.