Press Release Issued By The SEC On Short Selling Ban
Posted on September 19, 2008 at 09:00 AM EDT
SEC Halts Short Selling of Financial Stocks to Protect Investors and Markets FOR IMMEDIATE RELEASE 2008-211 Commission Also Takes Steps to Increase Market Transparency and Liquidity Washington, D.C., Sept. 19, 2008 — The Securities and Exchange Commission, acting in concert with the U.K. Financial Services Authority, today took temporary emergency action to prohibit short selling in financial companies to [...]