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more regulation of short selling September 21, 2008

Posted by Bradley in : Uncategorized , trackback

The SEC published the following announcement today:

The U.S. Securities and Exchange Commission today approved amendments to its emergency order of September 18 (Release No. 58591) requiring that certain institutional money managers report their new short sales of certain publicly traded securities.

The new rules come into force just after midnight on Monday 22 September.

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