Yahoo! News :: Business

Hedge funds plead with SEC to let short ban expire (Reuters)

<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081001/bs_nm/us_financial_sec_shortselling"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081002/2008_10_01t191115_450x300_us_financial_sec_shortselling.jpg?x=130&y=86&q=85&sig=7UTrHLPJB7TjkAeBaNu1fw--" align="left" height="86" width="130" alt="Traders sit in front of screens at the Frankfurt stock exchange, September 19, 2008. (Alex Grimm/Reuters)" border="0" /></a>Reuters - Lobbyists for the $2 trillion hedge fund industry made a last ditch effort on Wednesday to convince U.S. securities regulators to let an emergency order prohibiting short selling in more than 950 financial firms expire on Thursday.</p><br clear="all"/>