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SEC Moves To Curb Short Selling Of Fannie May And Fredie Mack
SEC Moves to Curb Short Selling
Associated Press
SEC's Cox
The SEC said it will move to curb short selling in the stocks of Fannie Mae and Freddie Mac, as well as in 17 financial firms. The emergency action comes amid concern that negative bets against the stocks might be exacerbating financial-sector woes, but it's far from clear whether the move, which sparked a barrage of criticism, will curb the activity of short sellers. 5:13 a.m.
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