The U.S. Securities and Exchange Commission's rule forcing
hedge funds, and other institutional investors, to disclose
their short sale positions has been extended until August
The SEC first mandated the disclosure during a short-selling
ban on hundreds of financial stocks that was announced on
September 18. While the ban was lifted October 18, the
disclosure requirement remained in effect.
After lobbying by the Managed Funds Association, the SEC
agreed to keep the short sale disclosures out of the public
eye. The agency is now soliciting public comment...