TITLE

Uptick Rule: Do Exchanges Have Better Alternative?

AUTHOR(S)
Hintze, John
PUB. DATE
March 2009
SOURCE
Securities Industry News;3/30/2009, Vol. 21 Issue 7, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
37337007

 

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