The Securities and Exchange Commission is unlikely to join the European Union in imposing another ban on short-selling, SEC Chairman Mary Schapiro said on Thursday. “Never say never, but it is hard for me to imagine the SEC ever doing a ban on short-selling again,” Schapiro said at a hedge fund industry conference. During the financial crisis in 2008, the SEC limited traders’ abilities to bet that certain stocks would fall. Read more on Reuters here.
