SEC Changes Short Seller Rules
This is just out and it should help the markets, especially the financial stocks. The short sellers have been allowed to create more shares because they do not have to borrow stock to sell short. The Dow is down 189 points at 9:21 AM.
Update: Well that move that takes effect Thursday morning sure didn't help very much, the Dow Jones 30 was down 449 points.
Update: Well that move that takes effect Thursday morning sure didn't help very much, the Dow Jones 30 was down 449 points.
Labels: AIG, Chris Cox, SEC, Stock Market
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