Securities Lawyer's Deskbook
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Regulation SHO





Rule 201 -- Price Test

  1. No short sale price test, including any short sale price test of any self-regulatory organization, shall apply to short sales in any security.

  2. No self-regulatory organization shall have any rule that is not in conformity with, or conflicts with, paragraph (a) of this section.

Regulatory History

72 FR 36348, 36359, July 3, 2007

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