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From: jimtracker1	7/15/2008 1:23:54 PM
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Freddie shares: CNBC By Alistair Barr Last update: 1:06 p.m. EDT July 15, 2008Comments: 15 SAN FRANCISCO (MarketWatch) -- Christopher Cox, chairman of the Securities and Exchange Commission, proposed limits on short selling of shares in Fannie Mae (FNMFNM News, chart, profile, more Financials Sponsored by: FRE) on Tuesday, according to CNBC. A spokesman for the SEC didn't immediately return a phone call seeking comment on Tuesday. Short selling is a way to bet against securities. Fannie and Freddie shares have slumped roughly 70% in the past month.

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