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Re: Slojab post# 9313

Monday, 06/25/2012 6:37:44 PM

Monday, June 25, 2012 6:37:44 PM

Post# of 15534
June 2012 Reg SHO Daily Files

Pursuant to a Securities and Exchange Commission request, FINRA has agreed to make reported short sale trade data publicly available. Daily Short Sale Volume File formatting guide. Please note that in rare instances, files may be updated on the next business day. Original files will be retained and updated files will be identified as "Updated".


Definition of 'Regulation SHO'
A regulation implemented on January 3, 2005 that seeks to update legislations concerning short sale practices. Regulation SHO established "locate" and "close-out" standards that are primarily aimed at preventing the opportunity for unethical traders to engage in naked short selling practices.
Investopedia Says
Investopedia explains 'Regulation SHO'
The "locate" requirement requires that a broker has reasonable belief that the equity to be short sold can be borrowed and delivered to a short seller on a specific date before short selling can occur.

The "close-out" requirement represents the increased amount of delivery requirements imposed upon securities that have many extended delivery failures at a clearing agency.

This regulation represents the first time that short sale regulations were updated since 1938.

Read more: http://www.investopedia.com/terms/r/regsho.asp#ixzz1yqby1Fns



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