Short sales are one of the most important tools for navigating a volatile market. Timothy H. Lee, Senior Vice President of legal and public affairs at the Center for Individual Freedom, argues that short sales should not be demonized in his opinion piece in Real Clear Markets. Key excerpts can be found below.
“The effort to restrict or even prohibit short sales would inhibit American markets and investments at the worst possible time.”
“Amid all of this, the ability to anticipate market developments and pivot quickly becomes even more important, particularly for institutional investors like pensions which require reliable returns for their members.”