Follow up to July 16, 2008 posting, SEC Enhances Investor Protections Against Naked Short Selling, this WSJ article: SEC Short-Sale Rule Gets Negative Reviews – Banks Not on List Fear They’re Now Even Bigger Targets – “The Securities and Exchange Commission’s new rule designed to limit certain negative stock bets is set to start Monday. Already, a political backlash is brewing. Last Tuesday, the SEC said it would tighten short-selling rules for 19 financial firms, including mortgage titans Fannie Mae and Freddie Mac, by requiring traders to “pre-borrow” stock before initiating a so-called short sale. The SEC said it had concluded “there now exists a substantial threat of sudden and excessive fluctuations of securities prices generally” that could affect orderly markets.”