Look more and more like this will happen very soon. SEC Chairman Christopher Cox told Congress last week that a proposal expanding the order to cover all public companies will be introduced soon. An agency spokesman declined to comment Monday. In all seriousness how will this change the face of trading. I'm hearing its extremely difficult to short financials, will this be the case across all equities? How can you possibly trade stocks like this? Most successful equity traders are market neutral, how the hell are you supposed to operate your business if you cant short anything. What happens when the hedge funds pay up and hog up all available shares available to borrow. Small traders will be left with no ability to short. Maybe I'm over reaching here. Discuss.