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…
Uptick Rule
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…
Coming Soon: The Uptick Rule
The word today is that The Uptick Rule, the best line of defense we haven’t had in place for the last year, may be making a comeback. Rep. Barney Frank (D-Mass.), the head of the House Financial Services committee, said that the SEC should restore the so-called “uptick” rule within a month, Reuters is reporting….
