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Chanos responds to uptick rule proposal
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Wednesday, April 08, 2009
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From Dealbreaker:

The SEC said this morning they want comments on the five proposed rules aimed to curb short selling. Here's one, from hedge fund harem head (and Coalition of Private Investment Companies Chairman) Jim Chanos.

"Rebuilding investor confidence should be the primary objective of any new regulatory effort and it is not clear that today's proposals will meet that simple goal. Skeptics, independent research and critical analysis must continue to play a vibrant role for our markets to grow sustainably and with integrity..."

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Topics: Jim Chanos | Short Selling | World News
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