Short selling ban.
Did you read correct? Yes. Short selling, not Naked short selling.
Is done in US and UK copy the rule imediately after that as usual.
Yesterday I posted a comment that Anti-Naked short selling rules are actually very good, however today, I can not dissagree that the ban of short selling is just like what they did in Pakistan.
We are all Pakistani's now... :o)
US:
SEC Bans Short Selling of Financial Stocks
by CalculatedRisk
http://calculatedrisk.blogspot.com/2008/09/sec-bans-short-selling-of-financial.html
Peak Insanity: SEC Plans to Temporarily Ban Short-Selling
by Mish
http://globaleconomicanalysis.blogspot.com/2008/09/peak-insanity-sec-plans-to-temporarily.html
SEC Issues Emergency Order - Bans All Short Selling of 799 Financial Stocks
by Jesse
http://jessescrossroadscafe.blogspot.com/2008/09/sec-issues-emergency-order-bans-all.html
UK:
Britain Bans Short-Selling Citing 'Extreme' Market Climate
by Mish
http://globaleconomicanalysis.blogspot.com/2008/09/britain-bans-short-selling-citing.html
UK Bans All Short - Selling of Financial Shares Until 2009
by Jesse
http://jessescrossroadscafe.blogspot.com/2008/09/uk-bans-all-short-selling-of-financial.html
2008-09-19
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