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SEC Issues Emergency Order on Short-Selling |
August 15, 2008
Previously published on July 2008
On July 15, 2008, the Securities and Exchange Commission (the "SEC") issued an emergency order restricting the use of "naked" short sales in the securities of nineteen major financial institutions.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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