Federal Reserve Bank of New York Report: What is Accomplished by Banning Short-Selling?

A report on the FRBNY website asserts that restrictions on short sales have a negative impact on the prices of the securities in which short sales are restricted.

For a full discussion of the regulations applicable to short selling, see Lofchie's Guide to Broker-Dealer Regulation, Trading Chapter.

View report here (links externally to NY Fed website).