Article: Hedge funds alone in fight against short-selling curb; SEC expected to shore up protective measure.(News)

Byline: Sara Hansard

The hedge fund industry faces growing opposition to its efforts to hold back restrictions on naked short selling.

Among the 300 investor comments filed over the past month with the Securities and Exchange Commission about naked short selling, most voiced opposition to the abusive version of it.

Adding to the cry against naked short selling is a new proposal that the SEC is slated to release this week protecting publicly traded companies from abusive naked short selling.

What's more, South Dakota voters will decide in November whether to approve an initiative that the state's securities director says would ban all short selling. The group ...

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