I wonder how long before a 7 day turnaround rule

Discussion in 'Politics & Religion' started by KINGOFSHORTS, Nov 17, 2009.

  1. ie: you buy stock and you cannot sell for 7 days.

    To "Stop speculation"

    I would not be surprised if something like this comes out of the white house.
     
  2. Not a chance. So, you watch it get annihilated for 7 days as previous buyers sell. Might as well shut down Wall Street.
     
  3. maxpi

    maxpi

    We need rules that really don't do anything but will keep the people that want rules happy.. how about, you can't transact the stock for seven days except with a bracket order placed at the time of sale... make the language really obscure so the controlling people will think it's a big deal... we can all get on ET and howl about the new rule and how it's hurting us...