Lawmakers Find S.E.C.’s Short-Sale Rule Lacking - DealBook Blog - NYTimes.com

Lawmakers Find S.E.C.’s Short-Sale Rule Lacking - DealBook Blog - NYTimes.com: "The original “uptick rule” was put in place during the Depression in the 1930s to prevent stocks on a downswing from being hammered into the ground by short-sellers. It barred traders from selling short, or betting that a stock would fall, unless there was an uptick in the price. The rule was abolished in 2007 by the