SEC copies U.K. measures …
The U.S. Securities and Exchange Commission early Friday issued an emergency order prohibiting short selling in financial companies. The regulator said it was acting in concert with the U.K.’s Financial Services Authority, which made a similar ban on Thursday. The SEC said the action was taken “to protect the integrity and quality of the securities market and strengthen investor confidence.” The order halts short selling in 799 financial institutions, the SEC said. It is effective immediately and will end on Oct. 2.
To be honest … all this makes me speechless !!!
Tags: manipulation, SEC
September 19th, 2008 at 13:53
the Bosss of the Big CASINO
changed the rules:
now only bet on black is possible,
but only red win!