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- H.R.6517
H.R.6517: To require the Securities and Exchange Commission to reinstate the uptick rule on short sales of securities.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced July 16, 2008
- Latest Major Action July 16, 2008
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (All Democrats)
Bill Summary
Directs the Securities and Exchange Commission (SEC) to: (1) reinstate rule 10a-1 (the uptick rule) governing short sales of securities; (2) rescind the prohibition against applying certain price tests to short sales; and (3) reinstate price test restrictions that applied to short sales of securities prior to SEC action in a specified proceeding on June 28, 2007.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| July 16, 2008 |
Introduced in the House by Gary L. Ackerman (D-N.Y.) |