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BUYINS.NET: RegSHO.com Launches Short Sale Compliance Website For Brokers And Hedge Funds....

Jul 21, 2008
Story Timeline:  78 days

BUYINS.NET, www.buyins.net, announced today that responding to the growing need for short sale compliance tools, a group led by former Securities and Exchange Commission chairman Harvey Pitt is creating a new electronic surveillance system to help brokers and hedge funds comply with new short selling requirements. The company is RegSHO.com and the new technology-based compliance platform can be found at www.regsho.com. A partial list of the securities currently affected by an SEC emergency order on naked short selling is: Freddie Mac (NYSE: FRE) and Fannie Mae (NYSE: FNM). On July 15, 2008, The Securities and Exchange Commission issued an emergency order, http://www.sec.gov/rules/other/2008/34-58166.pdf to enhance investor protections against "naked" short selling in the securities of Fannie Mae, Freddie Mac, and primary... [read full story]                    

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Latest article on this story:

SEC comes up short

soxfirst.com Jul 24, 2008
First article on this story:

Regosho.com Launches Short Sale Compliance Website for Brokers and Hedge Funds

prweb.com Jul 21, 2008
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