Thursday, September 18, 2008

NY At. General order probe into short selling.


With the recent financial turmoil in the US market, which caused biggest banking institutions debacle. Some analyst and investors on the wall street are blaming on naked short selling procedure for such a failure of the banking system.With continuous rumors of the ailing banks further aggravated short selling in the market. In order to investigate this issue, NY Attorney General has asked regulators to probe into this issue, and make short selling more regulated and open.




Thanks&Regards,
Mohit Kumar
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