Monday, March 29, 2010

Can You Really Outlaw Short Selling?

Maybe not. See Regulatory 'Fixes' Miss the Mark(et) By Dennis K. Berman. From the WSJ3-2-10, p. C1:
"Governments have been trying to outlaw or regulate short selling since the Dutch did it in 1610. The English even specified a ban on short sales of bank shares in 1866. In both cases, the rules were repealed or ignored."

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