SEC institutional investor short position order amended

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On September 18, 2008 the Securities & Exchange Commission took temporary emergency action to prohibit short selling in financial companies to protect the integrity and quality of the securities market and strengthen investor confidence.

As of September 22, 2008, Institutional Investors reporting their (long) holdings on Form 13F will be required to submit a weekly form reporting their short sales of certain publicly traded securities.  The first submission will be filed on September 29, 2008.

These forms will be filed on a non-public basis until two weeks after the due date.

The Commission believes that the non-public submission of these forms may help prevent artificial volatility in securities as well as further downward swings that are caused by short selling, while at the same time, providing the Commission with useful information to combat market manipulation that threatens investors and capital markets.

A list of companies that Institutional Investors are required to report holdings on is available to download in spreadsheet (.CSV) format 13F List or in PDF format 13F List in PDF Format

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