Uptick Rule. : SEC Limit on Short Selling Reconsidered.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Business cycles.

Finance--Law and legislation.

Finance.

Securities.

Physical Description:

1 online resource (14 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2010.

System Details:

text file

Summary:

Examines background to the uptick rule adopted in 1930s, which prohibited short sales on stocks unless previous stock price movement had been upward. Reviews various public policy considerations and controversies surrounding both its genesis, and 2007 removal by SEC. Reviews developments since elimination of the uptick rule, and concerns over market volatility. Highlights key developments between Sept. 2008 and Apr. 2009, SEC Apr. 2008 uptick reinstatement proposals, Feb. 2010 SEC vote to adopt short selling limits, and legislation in the 111th Congress.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Sept. 2012). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress.Congressional Research Service. Uptick Rule

Access Restriction:

Restricted for use by site license.