Examines background to the uptick rule adopted in 1930s, which prohibited short sales on stocks unless previous stock price movement had been upward. Reviews various public policy considerations and controversies surrounding both its genesis, and 2007 removal by SEC. Reviews developments since elimination of the uptick rule, and concerns over market volatility. Highlights key developments between Sept. 2008 and Apr. 2009, SEC Apr. 2008 uptick reinstatement proposals, and legislation in the 111th Congress.
ProQuest U.S. Congressional Research Digital Collection
Note
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. AVAILABLE ONLINE TO AUTHORIZED PSU USERS.