Learn about the rules and regulations on short selling enforced by the U.S. Securities and Exchange Commission (SEC), including the uptick rule.
 | | FAMOUS SHORT SALES IN HISTORY AND HOW THEY TURNED OUT | | Some of Wall Street's most dramatic events have arisen as a result of short sales. Billionaire investor George Soros, for example, famously "broke the Bank of England" by shorting the British pound in 1992, read on. | | The colossal fall of Enron is sometimes cited as an example of how short selling can have a public service function in terms of exposing questionable company fundamentals. One of the first people to notice that Enron had accounting irregularities was famed short seller James Chanos, founder and head of Kynikos Associates. Defenders of short selling make the case that Chanos would have had no incentive to dive that deeply into his doubts about Enron, were it not for the fact that it is possible to profit from a company's failure. | |  | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
