URG: U.S. Short Selling – U.S. SEC Emergency Order

SUMMARY:
The U.S. Securities and Exchange Corporation (SEC) has announced an Emergency Order that temporarily prohibits any person from effecting a short sale in the publicly traded securities of certain financial entities. The Emergency Order expires at 11:59 p.m. EST on October 2, 2008.

Any open short sell order on stocks that were affected by the Emergency Order will be cancelled. Please note that clients are restricted from entering short sell orders on the 799 affected securities via WebBroker.

The list of affected firms can be found in Appendix A of the Emergency Order at: http://www.sec.gov/rules/other/2008/... . We will provide additional details as they become available.

I hope they extend this to all stocks..

But what they are doing is protectiong the $*$#@@!*()^$@ that do all the shorting..the frinancial wizzards..

Is that justice..??