"I've spoken to [Chairwoman Mary] Schapiro of the SEC," Frank said. "I am hopeful the Uptick Rule will...
In July of 2007, the SEC removed something called the uptick rule. The uptick rule is a securities trading rule used to regulate short selling in financial markets. The rule mandates that, when sold, a listed security must either be sold short at a price above the price at which the immediately preceding sale was affected or at the last sale price if it is higher than the last different price. This topic covers the latest news of calls to revive the uptick rule.
Uptick Rule is part of Business Exchange, suggested by George Flagg. This topic contains 156 news and 114 blog items. Read updated news, blogs, and resources about Uptick Rule. Find user-submitted articles and reactions on Uptick Rule from like-minded professionals.
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As some traders are already aware--on January 8, 2009, Rep. Gary Ackerman [D-NY] introduced Bill HR 302 IH in the House...
How Financial Engineers are ruining the market, the economy and your life. The truth about Shorting Stocks.
PLEASE NOTE THIS SUMMARY IS QUOTED WORD FOR WORD FROM THE WEBSITE WWW.THESANITYCHECK.COM "The SEC fired attorney...
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