RE: Shorters destroying uk business23 Aug 2022 12:08
SEC Halts Short Selling of Financial Stocks to Protect Investors and Markets
Commission Also Takes Steps to Increase Market Transparency and Liquidity
FOR IMMEDIATE RELEASE
2008-211
Washington, D.C., Sept. 19, 2008 — The Securities and Exchange Commission, acting in concert with the U.K. Financial Services Authority, took temporary emergency action to prohibit short selling in financial companies to protect the integrity and quality of the securities market and strengthen investor confidence.