SEC May Delay Short-Sale Curbs, Seek More Comments

Bloomberg reports:

The U.S. Securities and Exchange Commission may seek additional feedback on whether to limit short-selling, people familiar with the issue said, prolonging a debate between hedge funds and banks whose shares slid in the financial crisis.

The SEC is considering re-opening the comment period on proposals that include reviving the so-called uptick rule, said the people, who declined to be identified before a public announcement. The SEC in April proposed five options to regulate bearish bets against stocks and gave investors and companies until June 19 to comment.