SEC unlikely to ban short-selling, Schapiro says

10/21/2011 | Reuters

Mary Schapiro, chairman of the Securities and Exchange Commission, said the agency is unlikely to follow its EU counterparts in imposing another ban on short sales. "Never say never, but it is hard for me to imagine the SEC ever doing a ban on short-selling again," Schapiro said. Chairman Schapiro will be a special speaker at SIFMA's Annual Meeting, Nov. 7. Register today.

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