Market makers, special traders that match buyers and sellers in the stock market, will be partly excluded from the emergency rule aimed at stopping abusive short-selling, the US Securities and Exchange Commission said on Friday.
The amendment comes three days after the issue of an emergency rule barring so-called “naked” short-selling of shares in significant financial entities, including mortgage financiers Fannie Mae and Freddie Mac and 17 banks, including big Wall Street firms.



