Amid intense political pressure, the Securities and Exchange Commission announced Monday that it is taking several steps to curb abusive naked short-selling.

The actions include making permanent an interim rule the SEC adopted during last fall's market turmoil, requiring broker-dealers to promptly buy or borrow securities to deliver on a short sale.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.