On Friday, September 19, 2008, the SEC Released an Emergency Order prohibiting short sales in 799 securities (http://www.sec.gov/rules/other/2008/34-58592.pdf). On the following Monday the order was amended with important material differences:http://www.sec.gov/news/press/2008/2008-218.htm that included the SEC's delegation of authority to each national securities exchange to identify and add listed companies that qualify for inclusion on the covered list.
As the additions and removals on the list are subject to change on a daily basis, the NYSE has maintained and provided daily end-of-day list updates to the covered list since the amended order went into effect.
As of Friday, September 26, 2008 the NYSE and NYSE Arca short sell prohibition list has been enhanced as part of a collaborative effort with NASDAQ and AMEX, to include securities that will be covered for the next trading day from all four Exchanges in one convenient document. Check back here for daily updates or subscribe for free to NYSE System Status Trader Email Updates to receive this notice as soon as it becomes available along with other NYSE Cash Equities Market System and Trading Information news.
List of additions for 09/29/08
- CAR AVIS BUDGET GROUP, INC.
- GPI GROUP 1 AUTOMOTIVE, INC.
- R RYDER SYSTEM, INC.
- AMB AMB PROPERTY CORPORATION
Category: Securities