Putting The Uptick Back In Short-Selling

Law360, New York (April 6, 2009, 12:00 AM EDT) -- The media is rife with commentary about how the U.S. Securities and Exchange Commission and other regulators have been asleep at the switch while U.S. capital markets imploded and trillions of dollars in wealth vanished virtually overnight.

One area that has received much discussion is the effect short selling may have had on exacerbating the massive and rapid freefall of U.S. stock markets in the Fall of 2007. These discussions inevitably lead to calls for reimposition of the uptick rule that was abolished by the SEC...
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