Ban on Short Selling Gets . . . Shorter

The SEC is reducing the extension of a ban against short selling stocks.

By Bess Levin
|  Saturday, Oct 4, 2008  |  Updated 1:01 PM CDT
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Ban on Short Selling Gets . . . Shorter

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The Securities and Exchange Commission has announced that the Long Only Suction will expire next Wednesday night, following the government's approval of the Patriot Act Bailout Bill. The SEC has previously said it would extend the ban 'til October 17.

SEC short-selling ban to expire Wednesday night [Reuters]

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