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	<title>UpDown Company Blog - Practice Investing &#187; short-selling</title>
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	<link>http://blog.updown.com</link>
	<description>Beat the market. Earn real money. Zero risk.</description>
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		<title>Lifting the Short-Selling Ban</title>
		<link>http://blog.updown.com/lifting-the-short-selling-ban/</link>
		<comments>http://blog.updown.com/lifting-the-short-selling-ban/#comments</comments>
		<pubDate>Thu, 09 Oct 2008 17:37:00 +0000</pubDate>
		<dc:creator>Brendan</dc:creator>
				<category><![CDATA[Clarifications]]></category>
		<category><![CDATA[Current Events]]></category>
		<category><![CDATA[short-selling]]></category>
		<category><![CDATA[Trading]]></category>

		<guid isPermaLink="false">http://blog.updown.com/?p=65</guid>
		<description><![CDATA[We want to let everyone know that we are working on lifting the short-selling ban right now. You will be able to sell-short as you please starting at market open tomorrow. Please let us know if you have any additional questions. The UpDown Team]]></description>
			<content:encoded><![CDATA[<p>We want to let everyone know that we are working on lifting the short-selling ban right now. You will be able to sell-short as you please starting at market open tomorrow. Please let us know if you have any additional questions.</p>
<p>The UpDown Team</p>
]]></content:encoded>
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		<slash:comments>6</slash:comments>
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		<title>UpDown bans short-selling of financial stocks in line with SEC</title>
		<link>http://blog.updown.com/updown-bans-short-selling-of-financial-stocks-in-line-with-sec/</link>
		<comments>http://blog.updown.com/updown-bans-short-selling-of-financial-stocks-in-line-with-sec/#comments</comments>
		<pubDate>Fri, 19 Sep 2008 13:25:26 +0000</pubDate>
		<dc:creator>michael</dc:creator>
				<category><![CDATA[Clarifications]]></category>
		<category><![CDATA[Site Enhancements]]></category>
		<category><![CDATA[Rules]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[short-selling]]></category>

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		<description><![CDATA[The SEC prohibits short selling of 799 financial stocks in order to strengthen investor confidence &#8211; and so does UpDown.com. The list of stocks that cannot be shorted can be found here. According to a press release issued by the SEC this morning, SEC Chairman Christopher Cox said, “The Commission is committed to using every [...]]]></description>
			<content:encoded><![CDATA[<p>The SEC prohibits short selling of 799 financial stocks in order to strengthen investor confidence &#8211; and so does UpDown.com.</p>
<p>The list of stocks that cannot be shorted can be found <a title="Stocks banned from short selling " href="http://sec.gov/rules/other/2008/34-58592.pdf" target="_blank">here</a>.</p>
<p>According to a press release issued by the SEC this morning, SEC Chairman Christopher Cox said, “The Commission is committed to using every weapon in its arsenal to combat market manipulation that threatens investors and capital markets. The emergency order temporarily banning short selling of financial stocks will restore equilibrium to markets. This action, which would not be necessary in a well-functioning market, is temporary in nature and part of the comprehensive set of steps being taken by the Federal Reserve, the Treasury, and the Congress.”</p>
<p>We&#8217;ll keep you posted on any changes regarding these restrictions.</p>
<p>Michael</p>
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