more at
Tuesday, April 7, 2009
U.S. SEC to consider about 4 short sale proposals
The Securities and Exchange Commission is considering four proposals aimed at restricting short sales of stocks. The proposals include restoring the "uptick rule"; a "bid test" that would allow shorting at prices above the highest bid; and two "circuit breaker" rules, one of which would temporarily halt short sales when a stock has already fallen a certain percentage, and the other would trigger uptick or bid-test rules after a share price drops. The proposals will be discussed at a meeting Wednesday
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment