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0 0.00301984469370148 -0.000431406384814409 0.00211820534943929 0.00215703192407251 0.00215703192407251 0.00215703192407251 0.00215703192407251
Stock impact report

SEC Punts Controversial Short-Sale Disclosure Deadline Again [Yahoo! Finance Canada]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Most Read from Bloomberg “The Commission finds these temporary exemptions to be necessary in the public interest and consistent with the protection of investors,” the agency said in the order. While short selling has long been a practice in US markets, it has faced heightened scrutiny following the 2008 financial crisis and after investors piled into so-called memestocks like GameStop Corp. in 2021. The SEC issued the rules in October 2023, requiring certain investment managers to report short-sale data on a monthly basis. Pension funds, banks and institutional money managers that lend their stocks would have to report the transactions the next day. Trade groups including the Managed Funds Association and the Alternative Investment Management Association challenged the rules in court, saying they were inconsistent and exceeded the agency's authority. In August, a three-judge panel of the 5th US Circuit Court of Appeals issued a ruling saying the SEC didn't fully consider the Show less Read more
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