2008-09-19

We are all Pakistani's now...

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

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