Regulacje i polityka gospodarcza · 28.10.1999

Short Sales

The Securities and Exchange Commission is seeking public comment on the regulation of short sales of securities. In this release, we seek comment on, among other things: lifting the limits on short sales of exchange listed securities under advancing market conditions; providing an exception for actively traded securities; focusing short sale restrictions on certain market events and trading strategies; removing short sale restrictions on hedging transactions; revising short sale regulation in response to certain market developments; revising the definition of ``short sale''; extending short sale regulation to non-exchange listed securities; and eliminating short sale regulation altogether.