SEC may take aim at short sellers again

http://money.cnn.com/2009/03/10/news/uptick.fortune/index.htm?postversion=2009031016
The policy makers are looking for ways in order to fix the falling market. a new way in order to help fix it would be to put in place a law that would make short sellers (people that make money off of stocks when the prices fall) have to follow limits according to when they could bet against stocks. they call this rule the uptick rule and it prevents short sellers from selling shares when a stocks price is declining. they are having a meeting next month to see if they want to reinstate this rule or not. if it were to be put in place short sellers would have to wait for the stocks price to rise before making a sale.

i think that putting in effect this law that will make short sellers wait to sell until the price is up on a stock will help stabilize the market. the uptick rule has been put in effect before and it worked for a while so i think that for a short term fix it should be put into effect so that we can get the market back up and running which will in turn boost our economy. many people are looking for ways to get the marked back to a bull market so if this will effect it positivly in any way i think that we should go ahead and start it up.