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re: Rumors that the White House may ban short selling on bank stocks today
Posted on 5/5/23 at 8:03 am to dewster
Posted on 5/5/23 at 8:03 am to dewster
What authority does a President have to do this?
Obviously declaring some emergency order gives them power they make up in the mind, shy of that though? Is there something that gives the President the right?
Edit - I would be completely OK with banning short sales though.
Obviously declaring some emergency order gives them power they make up in the mind, shy of that though? Is there something that gives the President the right?
Edit - I would be completely OK with banning short sales though.
This post was edited on 5/5/23 at 8:05 am
1
Posted on 5/5/23 at 8:06 am to DarthRebel
I’m fine with banning all short sales. Let the GameStop shorters have to cover their positions.
Banning them on one specific industry is a huge problem IMHO.
Banning them on one specific industry is a huge problem IMHO.
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