NYT Blogs – It seems that the Securities and Exchange Commission can’t please anybody when it comes to their efforts to put limits on short-selling.
The commission voted Wednesday to limit short-selling of stocks that are falling rapidly in price.
But, while the move had some lawmakers arguing that an “alternative uptick rule” doesn’t go far enough to protect investors, hedge funds and other investors who lobbied against the measure argued that the new restrictions weren’t adequately justified.
