Uptick Rule : SEC Limit on Short Selling Reconsidered.

Examines background to the uptick rule adopted in 1930s, which prohibited short sales on stocks unless previous stock price movement had been upward. Reviews various public policy considerations and controversies surrounding both its genesis, and 2007 removal by SEC. Reviews developments since elimi...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2009.
Series:	U.S. Congressional Research.
Subjects:	Business cycles. Finance > Law and legislation. Delegated legislation. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Examines background to the uptick rule adopted in 1930s, which prohibited short sales on stocks unless previous stock price movement had been upward. Reviews various public policy considerations and controversies surrounding both its genesis, and 2007 removal by SEC. Reviews developments since elimination of the uptick rule, and concerns over market volatility. Highlights key developments between Sept. 2008 and Apr. 2009, SEC Apr. 2008 uptick reinstatement proposals, and legislation in the 111th Congress.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.