Entries tagged "short selling ban"
International stocks are up Tuesday. Japan's Nikkei 225 Average closed up 37.71 at 9080.84, and the FTSEurofirst 300 index increased 59.28 points to 4638.92. Financial stocks were mixed, mostly because U.K. financial companies no longer have protection from short-selling. ...
Although Securities and Exchange Commission Chairman Christopher Cox is a lame duck, he is still calling a meeting of international regulators Monday to deal with "urgent regulatory issues" stemming from the global financial crisis....
The Securities and Exchange Commission's temporary ban on short selling of almost 1,000 financial companies expires at midnight, bringing to a close a key part of the agency's effort to restore market equilibrium. ...