Ted Laurenson and Stephen Older were quoted in Law360 on September 19 regarding the order issued by the SEC which temporarily bans the short selling of the stocks of designated financial companies in order to calm markets and how this may effect hedge funds who base much of their investment strategies on short selling. "People are really annoyed when they're in certain strategies that you can't implement," Mr. Laurenson said. He added that although it is not possible to determine whether this temporary order is a good plan, it most likely would not cause much harm if it does not last long. Mr. Older commented on the vagueness of the order and the immediacy of its issuing, "I know these are desperate times, but it would have been better with more thought around it and more comment," he said. Messrs. Laurenson and Older explained that hedge funds and their clients are taking action to ensure an extension is not granted.