Commentary

Brett Cenkus
Traders Magazine Online News

Trump Won't Kill America, Bitcoin Will

In this shared piece, author Brett Cenkus argues that nation-states will cease to exist not because of a who, but a what - and it's already here.

Traders Poll

Are you ready to comply with the new updates required by the amended Rule 606?




Free Site Registration

June 30, 2004

Lifting Short-Sale Restrictions

Short sale restrictions reform could eventually be in place - permanently.

The Securities and Exchange Commission, deliberating on reforming the rules of short selling, has agreed to implement a pilot project. This will waive short-sale curbs for 1,000 Russell 3000 stocks.

One pro thinks the exemption could easily become permanent. "We already have this exemption in part because Nasdaq market makers are exempt today," said Jamie Selway, managing director of New York-based Whitecap Trading. He noted that Archipelago had been operating without a bid test "and everything worked just fine." Selway is a former economist at Archipelago.