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Nazareth and Short Selling Reform

Traders Magazine, May 2002

Gregory Bresiger

Once again, because of the recent tur moil in the markets, there is a renewed call to ban or change short selling. Annette Nazareth, director of the division of the SEC's Division Market Regulation, told the STA congressional conference in Washington in May. She said that, since the events of Sept. 11 some investors, angry about losses, are demanding that the practice being restricted or banned altogether. "I don't know if you know this," she told the audience of traders, "but there actually was a fair amount of lobbying on Capitol Hill to get Congress to ban short selling."

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