Now that you’ve seen what ACA Insight has to offer, don’t be without it. Subscribe now!

The weekly news source for investment management legal and compliance professionals

Current subscribers - please log in to the website in the upper right-hand corner

News December 6, 2004 Issue

Short Sale Pilot Delayed

The SEC has delayed the short sale pilot, which was scheduled to begin January 3, 2005, to May 2, 2005. The delay is intended to allow the industry to work out systems changes necessary to track certain trades. "All other terms of the July 28, 2004 pilot order remain unchanged," said the SEC.

The compliance date for all other provisions of Reg. SHO remains January 3, 2005.