"Uptick rule" for short sellers might make a comeback

The Securities and Exchange Commission is considering restoring the "uptick rule," which requires short sellers to sell shares at a price above the most recent trading price of the stock. The commission "may conduct a public meeting as early as next month to consider whether to formally propose reinstatement of the uptick rule, or consider other measures related to short sales," said John Nester, spokesman for the SEC.

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