Uptick Rule: Do Exchanges Have Better Alternative?

Hintze, John
March 2009
Securities Industry News;3/30/2009, Vol. 21 Issue 7, p1
Trade Publication
The article reports on the decision of the U.S. Securities and Exchange Commission (SEC) to consider several options including a proposal from three exchanges that could generate fewer operational difficulties than the alternatives. The SEC reportedly intends to issue a short-selling proposal by the end of March 2009. It details the uptick rule proposal, and suggests that broker dealers would still need to make systems changes under the exchanges' plan.


Related Articles

  • SEC's Donaldson See 'Major' Costs From Fund Rule Changes. Hume, Lynn // Bond Buyer;2/12/2004, Vol. 347 Issue 31820, p5 

    Focuses on the agreement of the Securities and Exchange Commission (SEC) to propose changes to its Rule 12b-1 to prohibit fund companies from using brokerage commissions to pay broker-dealers for selling fund shares in the U.S. Plan of the commission; Existence of the SEC's consideration of the...

  • Proposed Collection; Comment Request. Murphy, Elizabeth M. // Federal Register (National Archives & Records Service, Office of;10/20/2011, Vol. 76 Issue 203, p65220 

    The article offers information on the public comment solicited by the U.S. Securities and Exchange Commission (SEC). It notes the collection of information for the extension and approval of the Rule 15c1-6 (17 CFR 240.15c1-6) stating that any broker-dealer trying to buy from a customer a...

  • SEC Mulls Exceptions. Chapman, Peter // Traders Magazine;Jun2007, Vol. 20 Issue 268, p24 

    The article reports on the possible exception that the Securities and Exchange Commission (SEC) would grant to broker-dealers in the implementation of the Regulations National Market System (NMS) Order Protection Rule in the U.S. The exception would be given to the broker-dealers to appease...

  • SEC Unanimously OKs Bank 'Broker' Exemptions. Ackerman, Andrew // Bond Buyer;9/20/2007, Vol. 361 Issue 32717, p5 

    The article reports on the approval of the bank "broker" exemptions by the U.S. Securities and Exchange Commission (SEC) that allow banks to engage in certain securities-related activities without registering with the SEC. According to the report, the commission has voted 4 to 0 to pass the set...

  • DMA Brokers Prep for Trade Through. Chapman, Peter // Traders Magazine;Oct2005, Vol. 18 Issue 245, p46 

    Reports on the appeal of broker-dealers engaged in direct market access trading to U.S. Securities and Exchange Commission as they try to adapt their systems to the regulator's new trade-through mandate. Need of market centers to ensure all orders are filled at the best possible price; Terms and...

  • Vendors Unveil Talking Points on Soft Dollars. Kite, Shane // Securities Industry News;6/23/2003, Vol. 15 Issue 25, p23 

    Although vendors said they were generally not concerned by increased Congressional and regulatory scrutiny over soft-dollar arrangements, many had ready responses on the issue. Soft-dollar arrangements allow buy-side firms to buy order management, market data and compliance systems by...

  • BANKS AS SECURITIES BROKERS.  // Practical Accountant;Nov2007, Vol. 40 Issue 11, p12 

    The article reports that the U.S. Securities & Exchange Commission (SEC) has voted to adopt, jointly with the Board of Governors of the Federal Reserve System, new rules that will implement the bank broker provisions of teh Gramm-Leach-Bliley Act of 1999 in the U.S. The rules will define...

  • SEC Issues Guidance on Fair-Value Accounting and Amends Rules Applicable to Foreign Issuers. Fitzsimons, Adrian P.; Joag, Shreekant G.; Kavil, Sreedhar V. // Bank Accounting & Finance (08943958);Dec2008/Jan2009, Vol. 22 Issue 1, p47 

    This section offers news briefs on government accounting regulations. The U.S. Securities and Exchange Commission (SEC) issued a guidance for determining fair values of assets under the Financial Accounting Standard No. 157 (FAS-157). Three sets of rule amendments were adopted by the U.S....

  • Securities Market Stability. Ruder, David S. // Vital Speeches of the Day;1/15/90, Vol. 56 Issue 7, p210 

    Presents a speech by David S. Ruder, professor of law at the Northwestern University School of Law and former chairman of the U.S. Securities and Exchange Commission, delivered at the Town Hall of California in Los Angeles on October 5, 1989. Importance of information dissemination and order...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics