When the SEC temporarily banned shorting financials...

Discussion in 'Trading' started by Option Trader, Oct 23, 2008.

  1. ...did anyone here buy long any highly shorted financial stock, only to find out AFTERWARDS that there is a market maker exemption?

    Did you feel that Christopher Cox and the SEC were irresponsible in conveying the information about the market maker exemption (and perhaps the implications of this exemption)?