SEC bans financials short sales (Reuters)

Posted by admin on September 22, 2008 under News | Be the First to Comment

SEC bans financials short sales (Reuters)

Traders sit in front of screens at the Frankfurt stock exchange, September 19, 2008. (Alex Grimm/Reuters)Reuters – U.S. market regulators issued an emergency ban on the short-selling of financial stocks on Friday, igniting big rallies in the sector that has been targeted by sellers as the credit crisis gathered pace.


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