March 5, 2008
SEC Approves Two New Rule Proposals
In its meeting yesterday, the SEC approved two significant rule proposals. One is an anti-fraud rule to crack down on abuses involving naked short sales. WSJ, SEC Proposes Teeth for Short-Selling Rules. The other would allow for quicker marketing of new ETFs. WSJ, SEC Proposes Faster .ETF Path to Market. The text of the rules has not yet been published.
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