Archive for the ‘Tuesday Evening’ tag
SEC Extends Rule Limiting Short Selling Until August 12
On Tuesday evening, the Securities and Exchange Commission
extended its emergency rule limiting short selling of
Fannie Mae, Freddie Mac and 17 brokerage firms to Aug. 12.
“The commission will continue exploring other remedies for the broader
marketplace to further protect inventors from distort and short artists,”
said SEC Chairman Chris Cox in a statement following the announcement.