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Wednesday, May 20, 2009

Here is a story, via Reuters, of some major US financial regulation reform initiatives, along with companies that might be affected by the proposed or possible changes. I like the proposed changes to short selling best (I agree with Cramer on this):

The SEC will meet as soon as this month to finalize an interim rule that requires large short sellers to disclose their positions to the agency. It is not clear whether the agency will require the positions to be disclosed publicly.

The agency is also considering five proposals that would restrict short-selling, including the restoration of an updated uptick rule, which allows shorting only when a stock's last sale price was higher than the previous price.

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