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Short Sale Price Rules on Agenda for April Meeting
Topics:SEC | Stock Market
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The U.S. Securities and Exchange Commission said Friday it will meet on April 8 to consider whether to propose short sale price test rules.
The SEC issued its agenda for the meeting, but did not provide more details on what it might propose.
SEC Chairman Mary Schapiro said this week that the agency aims to issue a proposal in April to restore the so-called "uptick rule." She also said the SEC will look at other ways to address short-selling in the stock market.
Copyright 2009 Reuters. Click for restrictions.
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