This postscript discusses the SEC's final short sale rule
, approved by a vote of 3-2 on February 24, 2010.
The 2003 SEC short sale rule
proposal was broad and instructive.
William Uchimoto, Ashton General Counsel, remarked, "our system has received an exemption from the short sale rule
to facilitate liquidity commitments of TSE participating organizations.
The issue of the Short Sale Rule
, its impact and practicability, has been a hot topic in the late 1980s and into the 1990s.
The process of complying with the short sale rule
has been fully automated for NASDAQ securities.
short sale rule
violations, including exercising short sale
The NASD's Short Sale Rule
prohibits broker/dealers from placing short sale transactions in Nasdaq National Market stocks at the bid price or below the bid price, when it is below the preceding inside bid.
Tudor's trading desk personnel received conflicting advice regarding the applicability of the short sale rule
to these sales from multiple sources.
NASD), has approved the adoption of a short sale rule
for Nasdaq National Market System (Nasdaq/NMS) securities.
These proprietary trading firms are estimated to account for 8% of trading activity in 2010 with future growth dependent on regulatory decisions covering fee caps, flash orders and short sale rules
from the SEC.
Short Sales Get Boost From New Obama Short Sale Rules
Enforcement of Short Sale rules
and Affirmative Determination Rule.