Summary: H.R.6517 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.6517. Bill summaries are authored by CRS.

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Introduced in House (07/16/2008)

Directs the Securities and Exchange Commission (SEC) to: (1) reinstate rule 10a-1 (the uptick rule) governing short sales of securities; (2) rescind the prohibition against applying certain price tests to short sales; and (3) reinstate price test restrictions that applied to short sales of securities prior to SEC action in a specified proceeding on June 28, 2007.