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The American Bankers Association (ABA) has raised concerns about short selling in the banking sector, urging the US Securities and Exchange Commission (SEC) to WASHINGTON, May 4 (Reuters) - The American Bankers Association on Thursday urged the U.S. Securities and Exchange Commission (SEC) to investigate a spate of significant short WASHINGTON (Reuters) -The American Bankers Association on Thursday urged federal regulators to investigate a spate of significant short sales of publicly traded The American Bankers Association on Thursday urged federal regulators to investigate a spate of significant short sales of publicly traded banking equities that it said The news: The turmoil in the US banking sector is proving to be a boon for many short sellers, but their profits may soon come under scrutiny as the Securities and Short sellers bet against First Republic Bank. The American Bankers Association is urging the Securities and Exchange Commission to see if market manipulation Noting that recent stock market activity for several banks seemed disconnected from underlying fundamentals of bank health, the American Bankers Association

Here's Why US Bankers Want the SEC to Investigate Short Sales

The recent turmoil in the US banking sector has been profitable for many short sellers, but that profit-taking may soon face scrutiny. The American Bankers Association (ABA) has raised concerns about short selling in the banking sector, urging the US Securities and Exchange Commission (SEC) to investigate.

Why the Investigation? WASHINGTON, May 4 (Reuters) - The American Bankers Association on Thursday urged the U.S. Securities and Exchange Commission (SEC) to investigate a spate of significant short sales. The ABA believes that recent stock market activity for several banks seemed disconnected from underlying fundamentals of bank health, raising the possibility of market manipulation.

WASHINGTON (Reuters) - The American Bankers Association on Thursday urged federal regulators to investigate a spate of significant short sales of publicly traded banking equities. The association noted that some trading appeared decoupled from the actual health of the banks involved.

Concerns about Market Manipulation

The American Bankers Association on Thursday urged federal regulators to investigate a spate of significant short sales of publicly traded banking equities that it said warrant a closer look. Short sellers bet against First Republic Bank, and the ABA is urging the Securities and Exchange Commission to see if market manipulation played a role in the bank's downfall and the performance of other banking stocks. Noting that recent stock market activity for several banks seemed disconnected from underlying fundamentals of bank health, the American Bankers Association believes a thorough investigation is warranted to protect the stability of the banking sector.

The ABA's Stance

The news: The turmoil in the US banking sector is proving to be a boon for many short sellers, but their profits may soon come under scrutiny as the Securities and Exchange Commission considers the ABA's request. The outcome of this investigation could have significant implications for short selling practices and the regulation of the financial markets.

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