Start Planning Policies and Procedures to Comply with New Uptick Rule
BD Week
3/15/2010
"Design policies and procedures that will enable your firm to monitor the national best bid on a realtime basis, the SEC says in the final uptick rule published in the March 10 Federal Register. That's the only way to ensure that the price at which you submit a short sale order complies with the rule. And it's the minimum a firm will be required to have."
In this article, "Start Planning Policies and Procedures to Comply with New Uptick Rule," published on March 15, 2010 in BD Week, Mintz Levin attorney Steve Ganis discusses best practices for structuring short exempt orders
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