Short Selling and the ‘Plus Tick’ Rule of Yore

The news of a potential trillion-dollar federal government solution to the credit crisis is the dominant news story of the day, but let’s not sell the other news short.

Pun intended.

The Securities and Exchange Commission announced today that it is temporarily banning the short selling of 799 financial stocks to “to protect the integrity and quality of the securities market and strengthen investor confidence.”


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s