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Two Senators Say S.E.C. Panel is “Stacked” Against Banning Naked Short Sales

September 29, 2009

On the eve of a second day of roundtable discussions of securities practices, Sens. Ted Kaufman (D-DE) and Johnny Isakson (R-GA) said Tuesday evening that the Securities and Exchange Commission’s has, in effect, stacked discussions on the practice of selling stocks short before first buying the shares.

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