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NYSE Trader

SEC Naked Protection Order Extended to 08/12/08

30 Jul 2008

The SEC has extended it's emergency Order to enhance investor protections against "naked" short selling through EDT August 12th. The Order targeted 19 securities in a July 15th amendment that has been in effect since Monday, July 21 and had been scheduled to terminate at 11:59 EDT on Tuesday, July 29, 2008. The SEC has announced that the Order will not be extended beyond the new August 12th expiration date.

Category: Securities

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