This emergency order was initially scheduled to terminate as of midnight on Oct. 1, 2008, but the SEC extended the order until midnight on Friday, Oct. 17, 2008. As a reminder, this emergency order requires delivery of borrowed stock in connection with a short sale within the normal T+3 settlement window and requires broker-dealers to be more proactive in preventing broken short sales due to failure to deliver. Effectively, this emergency order requires short sellers to arrange the related stock borrow prior to executing a short sale.