Tuesday, 10 March 2009

Moneynews

Breaking News from Moneynews.com

Frank: Uptick Rule Back in Place Soon
The head of the U.S. House Financial Services Committee, Barney Frank, said on Tuesday that the Securities and Exchange Commission would soon reimpose the so-called "uptick" rule, which forces short sellers to sell at a price higher than the previous trade. Frank’s comment sent the Dow soaring on Tuesday.
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