Effective January 3, 2005, new short sale rules were implemented, including a uniform “locate” requirement for short sales in all equity securities and additional requirements for broker-dealers trading securities in which a substantial amount of failures to deliver have occurred (Regulation SHO Threshold Securities). Please refer to Head Trader Alerts #2004-108, #2004-155, #2004-166 and #2004-168.
The SEC amended Regulation SHO to eliminate the “grandfather provision” effective October 15, 2007. Please refer to Regulatory Alert #2007-086 for complete details.
As announced in General News Item #2005-005, Wednesday, April 13, 2005, was the last day that NASDAQ posted a separate addendum to the Threshold List in order to identify the additional OTC securities subject to Regulation SHO.
View the Threshold List Contact Information
For Investors:
Call the SEC's office of Investor Education and Assistance at +1 800 SEC 0330. File complaints at www.sec.gov/ complaint.shtml. Send specific enforcement-related information to enforcement@sec.gov.