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Division of Market Regulation: Key Points About Regulation SHO
This fact sheet discusses the federal regulation of short sales, "the sale of a stock you do not own. ... Short sellers believe the price of the stock will fall, or are seeking to hedge against potential price volatility in securities that they own." Includes examples of short sales and "naked" short sales, description of how short selling works, and potentially illegal short selling activity. From the Securities and Exchange Commission (SEC).
http://www.sec.gov/spotlight/keyregshoissues.htm
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