US SEC adopts amendments to Regulation SHO *

USA - February 26 2010
On February 24, 2010, the US Securities and Exchange Commission (SEC) adopted amendments to Regulation SHO under the Securities Exchange Act of 1934, aimed at restricting short selling under certain limited circumstances.

Co-authors: Stephanie M. Monaco, Michael R. Butowsky, Elizabeth M. Knoblock, Charles M. Horn, Jerome J. Roche.

US SEC again revisits the regulation of short sales *

USA - August 18 2009
On August 17, 2009, the US Securities and Exchange Commission (SEC) issued a release (the "New Proposal")announcing that it had (i) re-opened the comment period on its prior release proposing alternative means for potentially regulating short sale price tests (the "Prior Proposal") and (ii) proposed an additional price test for commenters’ consideration (an "alternative uptick rule").

Co-authors: Stephanie M. Monaco, Michael R. Butowsky, Elizabeth M. Knoblock, Charles M. Horn, Jerome J. Roche.