Market Makers are very articulate in explaining why they should be allowed to continue short selling. Investors and companies continue to explain the truth of how they suffer. An orderly run market is one where people sell what they own to people who want to own it and the agent in the middle takes a published transaction fee.
Market Makers claim that they can best set the price for stock.
We are supposed to have a free market with price set by investor supply and demand. Market Makers have enjoyed too much control for too long and they do not want to give it up. Their short selling is nothing less than selling something that does not exist. That type of action is illegal in all other matters except the stock market. Owners of nothing do not have voting rights.