Business and Finance
NEW YORK (Map) -
During this financial crisis, given the importance of financial institutions to the broader economy, Mr. Tabacco today announced that "In the current climate of uncertainty, and questions regarding the stability of AIG and its capital structure, it seems appropriate to us that we should use all means legally available to us to insure that inappropriate and illegal short-selling activity is not used to exacerbate the problems already being faced by AIG and potentially other financial service company stocks."
Former SEC Chairman
About Locatestock.com
Through its innovative and leading global platforms, Locatestock.com has introduced solutions to the trading community that allow real time dynamic Stock Locate capabilities, while providing its customers with all the critical data required by the SEC's Regulation SHO. The Locatestock.com "MATADOR" platform locates in excess of 3 billion shares monthly for legal short sellers and the Locate volume handled daily by the MATADOR platform is equivalent to 15% of the NYSE and NASDAQ volumes combined.
|
|