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Citi Exec's New Short-Sale Solution

Traders Magazine, December 2008

Nina Mehta

In the wake of the Securities and Exchange Commission's temporary ban on short sales in financial stocks in September, the Commission this fall began pondering new rules to regulate short selling. On the table is a price-test rule, as well as a circuit breaker that might temporarily ban or restrict short sales. Much of the industry is opposed to a price-test rule, but might be able to live with a circuit breaker in times of crisis.

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