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Alias Born 09/11/2008

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Friday, 09/19/2008 8:09:01 AM

Friday, September 19, 2008 8:09:01 AM

Post# of 358426
The new rule only covers 799 financial insitutions.

SEC bans short-selling for financials
Friday September 19, 7:07 am ET
By David Goldman, CNNMoney.com staff writer


The U.S. Securities and Exchange Commission took what it called "emergency action" on Friday and temporarily banned investors from short-selling 799 financial companies.

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