I just read some of the preliminary details on the upcoming Wall Street sequel from Oliver Stone over on Dealbreaker and I’m physically incapable of not chiming in on this one. I’ll quote Gordon Gecko himself to let you know how I feel about a sequel to the greatest movie about business ever made: “Mixed…
Short-sellers
The Cramer Uptick Rule Petition
A group of market commentators from TheStreet.com, including James Cramer, have put out a petition which lobbies for the reinstatement of the original Uptick Rule, as opposed to a loophole-laden approximation filled with caveats and work-arounds as is rumored to be a possibility. The SEC is currently seeking comment until June 19th. There were only…
This Just In: SEC's 5 New Uptick Rule Proposals
So the SEC voted to propose five uptick rule-related proposals. The comment period, during which the SEC receives feedback from member firms, will be 60 days before anything is decided on. From Pensions & Investments: Among the proposals being considered, one is to reinstate the original rule that was introduced in 1938 and was in…
The Modified Uptick Rule Debate
Coming Soon! The following is not an argument for or against shorting, as that is a non-debate. The presence of short-selling is a necessary component of a free, liquid and healthy market. The question we’ll focus on here is what type of form the safeguards against abusive short-selling should take when the discussion by…
