Re: Short sales in US..

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spiny

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Re: Short sales in US..

in response to

Short sales in US..

Portee44

posted on Sep 23, 2008 05:20AM

>>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.<<

Only select financials are being protected from shorting. SEC stands for Selective Enforcement Commission.

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