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Saturday, September 20, 2008

SEC Halts Short Selling of Financial Stocks to Protect Investors and Markets

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. The U.K. FSA took similar action yesterday.

SEC Halts Short Selling of Financial Stocks to Protect Investors and Markets
http://www.sec.gov/news/press/2008/2008-211.htm

List of 799 Companies Protected
http://www.sec.gov/rules/other/2008/34-58592.pdf

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