The SEC Has Brought In New Rules Regarding Transparency On Shorting And The Scumbag Hedge Funds Don't Like It So There Suing The SEC Because They Don't Want The Party To End..............
A consortium of industry groups representing hedge funds and other asset managers sued the SEC on Tuesday, arguing that the new rules would harm markets by discouraging short sales, as they say it would enable the public to track which funds hold what short position.
https://www.marketwatch.com/story/sec-chair-gensler-invokes-gamestop-in-defense-of-new-short-sale-rules-a8d27351