Jump to content

General Electric, General Motors Added to Short-Sale Ban List

Recommended Posts

By Edgar Ortega

Sept. 22 (Bloomberg) -- U.S. regulators added more than 90 companies including General Electric Co. and General Motors Corp. to a list of stocks protected against short sales.

The Securities and Exchange Commission today amended its emergency ban on short sales, giving the New York Stock Exchange and Nasdaq Stock Market Inc. authority to add to a list of 799 companies, according to a statement on the agency's Web site.

In addition to banks that had been omitted from the SEC initial list such as M&T Bank Corp., the Big Board added companies that generate a large portion of their revenue from providing loans. General Electric got about half its profit last year from financial units last year.

Links: http://www.bloomberg.com/apps/news?pid=206...mp;refer=canada

Link to post
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets


  • Create New...