The Securities and Exchange Commission aims to propose a new short-selling rule in the coming weeks, broadening an emergency order -- covering 19 financial stocks -- that ended last week. SEC Chairman Christopher Cox said the proposal "will focus on marketwide solutions" and possibly require more transparency in disclosing to the public significant short positions in stocks.
More at http://www.reuters.com/article/ousiv/idUSN1929265720080819
No comments:
Post a Comment