European Regulators Extend Short-Selling Bans, Frustrating Investors

“Companies go bust because they run out of cash, not because of short selling. Most short sellers are using their short book as a market insurance policy. As with most forms of insurance, you cash it in when you need it.” In The Wall Street Journal, Barry Norris, founder of Argonaut Capital, discusses the importance of short selling and why temporary restrictions on betting against stocks has frustrated investors.