SEC - permanently adopts naked short rule

[DJofSD]

SEC announcement (http://www.sec.gov/news/press/2009/2009-172.htm) to permanently adopt the naked short rule due to expire 31July2009.

Now, let's see if they enforce it.

[Tom]

I do not like the words naked and short to be used together. :p

[DJofSD]

Well, not my terminology but it could have been worse -- "short naked".