SEC Issues Guidance Regarding SEC's Previous Emergency Order Regarding 'Naked' Short Selling.

Mondaq Business BriefingNbr. 2008, March 2008

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Summary


United States. Securities and Exchange Commission

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SEC Issues Guidance Regarding SEC's Previous Emergency Order Regarding 'Naked' Short Selling.

Development Of Note

The SEC's Division of Trading and Markets has issued guidance in the form of Frequently Asked Questions ("FAQs") that we referenced in the client alert we issued earlier this evening. These FAQs deal with the close-out provisions of temporary Rule 204T of Reg SHO, which was adopted by the SEC in an emergency order on ...

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