The U.S. Securities and Exchange Commission has extended ban of short selling on securities of financial institutions to Oct 17. According to a release by the SEC, this move is to protect investors to maintain fair and orderly securities markets.
However, Ludwig von Mises Institute has a different view. Read their view here.
The SEC Short Sells Us Down the River
http://mises.org/story/3139
SEC: Extend Ban on short selling of securities on financial securities
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