H.R. 302 · 111th Congress
To require the Securities and Exchange Commission to reinstate the uptick rule on short sales of securities.
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
AckermanSponsor20 cosponsors · 12 D, 8 R
D
Capuano
NL
D
Lowey
CM
D
Maloney
CM
D
McCarthy
EP
D
Perlmutter
AW
D
Weiner
MT
D
Thompson
MK
R
Kirk
LW
R
Westmoreland
RB
D
Boucher
JK
R
Kingston
CL
R
Lee
PB
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Broun
GP
D
Peters
DS
D
Scott
ND
R
Deal
LJ
R
Jenkins
JC
D
Courtney
LT
R
Terry
RK
D
Klein6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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,…
What it does: CRS summary · Introduced in House · Jan 8, 2009
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To require the Securities and Exchange Commission to reinstate the uptick rule on short sales of securities.
Latest action (Jan 8, 2009): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 8, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.