Building Wealth: SEC Floats Short selling regs

Accounting Technology, January, 2007

The SEC has voted unanimously to propose a pair of measures dealing with the regulation of short selling, according to reports. The new rule would ban short sales entirely during a five-day period ahead of a secondary offering if the short position was covered with shares obtained in the offering.

(c) 2007 Accounting Technology and SourceMedia, Inc. All Rights Reserved.

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