近来美国已经废止了这项规则，但空头们认为这仅仅是象征性的表示，在这个世界上最大的证券交易商场中仍有该规则的残余。

It has recently scrapped this rule, which short-sellers argue was largely symbolic, and it remains in place at only a few of the world's big stock exchanges.

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美国证券交易委员会的停牌令可能有助于事情的澄清，因为空头们迟早想拿到自己的钱。

The SEC trading ban may clarify things, because sooner or later the shorts will want their money.

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同时证券交易委员会也迅速做出一个提议，迫使包括对冲基金在内的大型投资者解释其空头头寸。

It also rushed out a proposal forcing large investors, including hedge funds, to disclose their short positions.

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We did have a large,short position in subprime mortgage-backed securities, which has paid off enormously for the University and really helped protect assets in the past nine months or a year.

我们确实曾持有很多,次级抵押担保证券的空头,它们为耶鲁赚了不少钱,并且在过去的9个月或1年间,为资产保值发挥了实在的作用

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