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Re: Hunter6110 post# 161462

Friday, 02/05/2010 12:31:49 PM

Friday, February 05, 2010 12:31:49 PM

Post# of 169274
Hunter you are the bonehead, not Rufus

Regarding short selling, the commission is close to finalizing a rule to rein in short selling. The SEC has asked for comments on whether it should reinstate a short selling restriction known as the "uptick" rule, in which investors can only short a stock after it rose or ticked higher.

Regulators and industry insiders agree that the previous uptick rule isn't workable with current lightening speed trades. But the SEC is expected to approve a modified rule designed to put a stop to short selling as stocks are falling. That rule is expected to be the next major action taken by the SEC.
http://www.zerohedge.com/article/here-comes-short-selling-ban-more-money-market-restrictions

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