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Naked Short Selling ban is now permanent

Naked Short Selling ban is now permanent

Federal regulators today made a rule permanent that was originally just an emergency rule that was meant to reduce abusive short selling during the stock market’s largest drops. The SEC announced that the action was targeting those who do “naked” short selling, which was expected …

The Uptick rule to be reinstated?

The head of the SEC, Mary Schapiro, said that next week the SEC will propose a reinstatement of the “uptick” rule.
The uptick rule was eliminated by the SEC in 2007. It required short sellers to sell their shares at a price above a stock’s most …