Bankers and Senators Call for Probe into Abusive Short Selling Practices.

The American Bankers' Association has called for a probe into short sellers profiting off the bank crisis, while Senator Elizabeth Warren has requested more information from First Republic Bank executives regarding executive pay and lobbying efforts to weaken regulations. Meanwhile, regional bank stocks rebounded on Friday after Thursday's losses, and the SEC has issued statements on current market events and vowed to investigate and bring enforcement actions if violations of federal securities law are found.