it global, what fun.
Sec bans short selling to Oct 2.
SAN FRANCISCO (MarketWatch) -- The Securities and Exchange Commission drew sharp criticism Friday for putting a stranglehold on short sellers, a move that will force hedge funds to reveal short positions. It also could sap market liquidity and create more selling pressure.
On Friday, the SEC -- claiming rampant short selling has triggered a steep decline in financial stocks -- banned short sales in 799 financial stocks through Oct. 2. The SEC's emergency move may be extended but won't last more than 30 days.
short people
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Last
7,984.9 |
Change
63.600(0.80%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,921.3 | 8,000.0 | 7,921.3 |
| XJO (ASX) Chart |