September 22, 2008
Overview
On September 21, the Securities and Exchange Commission amended an emergency order temporarily banning the short selling of 799 financial stocks. The revised order allows each national securities exchange (e.g. NYSE, AMEX, NASDAQ) to include additional financial companies to the list of stocks affected by the ban. Company categories include banks, savings associations, broker-dealers, investment advisors, and insurance companies. For information about the specific companies that were added to the short selling ban, visit the web sites for each exchange.
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