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SEC Nixes Naked Short Selling

Publication Date: 
July 21, 2008
Ashley Milne-Tyte

Professor Joseph A. Grundfest was a commentator on an American Public Media's Marketplace radio segment on the SEC's ban on naked short selling. This is what he had to say:

Joe Grundfest: The general perception is that the kind of market making that the SEC is considering here generally has a neutral or a beneficial effect in the marketplace.