Exchanges seek SEC curbs on short-selling

Four US stock exchanges on Tuesday launched a joint call for regulators to take action against "abusive" short selling of stocks through a so-called modified uptick rule.

The call, in a letter to Securities and Exchange Commission chairman Mary Schapiro, comes six months after regulators imposed a temporary ban on shorting financial stocks to curb what was seen as excessive volatility.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump