Remember when the SEC banned short sales on ~1,000 financial stocks on September 19th, 2008, and then the S&P 500 index fell ~50%?
by TonyLiberty The SEC banned short sales on ~1,000 financial stocks on September 19th, 2008. The SEC’s ban on short selling was intended to prevent investors from driving down the prices of financial stocks by shorting them. But, the S&P …