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Division of Market Regulation: Key Points About Regulation SHO
Locate Requirement: Regulation SHO requires a broker-dealer to have reasonable grounds to believe that the security can be borrowed so that it can be delivered on the date delivery is due before effecting a short sale order in any equity security. 6 This "locate" must be made and documented ...
G-20 takes shape around regulation
G-20 takes shape around regulation
marketplace.publicradio.org — Barack Obama and Gordon Brown at G-20 As the G-20 gets underway, regulation is the big theme,... and countries are starting to pledge their support to do what's necessary to help their economies. Steve Chiotakis reviews other decisions being made with ... (more) G-20 takes shape around regulation
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Short selling madness is sanctioned by the SEC
BloggingStocks — ... "these companies are instead targets of illegal and manipulative trading with intentional failures to deliver used by traders to extract profits as the share price plummets." Continue reading Short selling madness is sanctioned by the SEC Short selling madness is sanctioned by the SEC originally appeared on BloggingStocks on Tue, 07 Apr 2009 15:00:00 EST. Please see our terms for use of feeds.Read | Read | Permalink | Email this | Comments ...

SEC, stop naked short selling!
BloggingStocks — ... short selling comes into play. If you allow an investor to buy XYZ stock, it is not fair to prevent an investor from selling XYZ stock. Markets are always two sided. There are buyers and there are sellers, otherwise... why have a market? Continue reading SEC, stop naked short selling! SEC, stop naked short selling! originally appeared on BloggingStocks on Wed, 08 Apr 2009 17:00:00 EST. Please see our terms for use of feeds.Read | Read | Permalink | Email this ...

Another View: Tighten Short-Selling Rules for Now
DealBook — Perrie M. Weiner of the law firm DLA Piper argues that greater regulation of short-selling is needed during the current volatile market conditions, but not permanently. During ordinary market conditions, which are clearly not the case right now, the rules currently governing short-selling are more than sufficient, especially since the Securities and Exchange Commission put Regulation SHO in place in 2005. No greater regulation is needed. But in an extremely volatile market like as the one we currently are experiencing — in which the government is flooding a wide range of ...

SEC gets aggressive on “abusive” short selling
FT Alphaville — ... for alleged accounting fraud. And on Wednesday, the US regulator charged two options traders and their broker-dealers with violating the requirements of Reg SHO . From the statement , emphasis ours: The SEC alleges that the traders and their firms improperly claimed that they were entitled to an exception to the locate requirement, and engaged in transactions that created the appearance that they were complying with the close-out requirement. In fact, they were not entitled to the exception and were not complying with the close-out requirement. The SEC charged New York ...

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