Reuters
SEC short-selling ban to expire Wednesday night
Fri Oct 3, 2008 5:34pm EDT
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission announced on Friday its ban on financial stock short-selling will expire at 11:59 p.m. ET on Wednesday, October 8.
Earlier in the week, the SEC said the ban would expire three business days after a $700 billion federal bailout bill was enacted by Congress. The emergency ban was part of a series of government measures designed to restore confidence in battered markets and the ailing financial system.
"Even the holy Name of God is being dragged into discourses of death. A world with one heavenly Father vanishes, as in a nightmare. We are met by threats, rather than the invitation to listen and come together. Those who pray are aware of their own limitations; they do not kill or threaten with death. Death enslaves those who have turned their backs on the God, turning themselves and their power into an idol to which they sacrifice every value, demanding that the world bends its knee." Leo XIV