Difference between revisions of "Short sale"

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One day later, the [[U.S. Securities and Exchange Commission]] said it would temporarily ban investors from short selling 799 financial companies. The temporary ban, aimed at helping restore falling stock prices that shattered confidence in the [[financial market]]s, took effect immediately.<ref>{{cite web|url=http://money.cnn.com/2008/09/19/news/economy/sec_short_selling/?postversion=2008091907|name=SEC bans short-selling|org=CNNMoney.com|date=September 19, 2008}}</ref>  
One day later, the [[U.S. Securities and Exchange Commission]] said it would temporarily ban investors from short selling 799 financial companies. The temporary ban, aimed at helping restore falling stock prices that shattered confidence in the [[financial market]]s, took effect immediately.<ref>{{cite web|url=http://money.cnn.com/2008/09/19/news/economy/sec_short_selling/?postversion=2008091907|name=SEC bans short-selling|org=CNNMoney.com|date=September 19, 2008}}</ref>  
The SEC ban is set to expire on Oct. 2, but it is expected to be extended past that date.<ref>{{cite web|url=http://www.tradersmagazine.com/news/102115-1.html?ET=tradersmagazine_news:e177:47854a:&st=email|name="Short Sale Ban Chases High-Frequency Traders From the Market"|org=Traders Magazine|date=September 29, 2008}}</ref>
'''Cboe Creates Short Sale Update Information  '''
In September of 2008, [[Chicago Board Options Exchange]] ([[CBOE]]) launched a "Short Sale Update" webpage to keep [[options]] traders, customers, and Cboe members fully informed on recently enacted restrictions on short sales. It contained a full compendium of links to lists of the prohibited financial securities, by exchange, and listed relevant SEC and CBOE information documenting the various restrictions.


== References ==
== References ==
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