The New SEC Illegal Short Selling Law: Does it Really Do Anything to Help Solve our Financial Crisis?
September 19, 2008
Today, before market open, the SEC announced that all short selling on U.S. financial stocks will be illegal for an indefinite and unqualified period of time (Update: actually the SEC has now qualified the period as ending on October 2, 2008 since I first wrote this article, though they have declared that they may extend this date beyo…
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