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April 27, 2005

Key Lawmaker Eyes Wall Street Mergers

Proposed combinations of the New York Stock Exchange and other stock trading centers on Wall Street appear to support U.S. regulators’ recent reforms in trading and pricing rules, a top lawmaker said on Wednesday.

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Update 5: Divided SEC Approves Rule for Stock Orders

In one of the most sweeping changes to stock trading rules in years, a divided Securities and Exchange Commission on

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Sebi extends stock lending, borrowing tenure to 30 days

Capital markets regulator Securities & Exchange Board of India, or Sebi, has increased the tenure for lending and borrowing of stocks from seven days to 30.

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Uptick Rule May Fail to Lift Stocks, Curb Volatility

Dec. 9 (Bloomberg) -- Resurrecting the “uptick rule,” the 70-year-old restriction on short sellers, would probably fail to curb bets against equities or damp price swings, according to brokers that trade about 25 percent of U.S. stocks. Read more here

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