In an effort to address continuing market volatility, the SEC issued a series of emergency orders to limit short
sales and require reporting of short positions. Please see our September 22, 2008 Client Alert.1 Given the speed
with which these emergency orders were issued and the questions raised regarding their implementation, the SEC
has since issued additional interpretive guidance to assist in the compliance with these new regulatory
requirements.
For more information, please read full news bulletin.
Please see full publication below for more information.