Uptick Rule
The uptick rule is a trading restriction that states that short selling a stock is allowed only on an uptick. For the rule to be satisfied, the short must be either at a price above the last traded price of the security, or at the last traded price when the most recent movement between traded prices was upward (i.e. the security has traded below the last-traded price more recently than above that price). The U.S. Securities and Exchange Commission (SEC) defined the rule, and summarized it:"''Rule 10a-1(a)(1)'' provided that, subject to certain exceptions, a listed security may be sold short (A) at a price above the price at which the immediately preceding sale was effected (plus tick), or (B) at the last sale price if it is higher than the last different price (zero-plus tick). Short sales were not permitted on minus ticks or zero-minus ticks, subject to narrow exceptions." The rule went into effect in 1938 and was removed when ''Rule 201 Regulation SHO'' became effective in 2007 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Short Selling
In finance, being short in an asset means investing in such a way that the investor will profit if the market value of the asset falls. This is the opposite of the more common Long (finance), long Position (finance), position, where the investor will profit if the market value of the asset rises. An investor that sells an asset short is, as to that asset, a short seller. There are a number of ways of achieving a short position. The most basic is physical selling short or short-selling, by which the short seller Securities lending, borrows an asset (often a security (finance), security such as a share (finance), share of stock or a bond (finance), bond) and sells it. The short seller must later buy the same amount of the asset to return it to the lender. If the market price of the asset has fallen in the meantime, the short seller will have made a profit equal to the difference in price. Conversely, if the price has risen then the short seller will bear a loss. The short seller ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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CNBC
CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Daytime television in the United States, daytime trading day, and early-evening hours, with the remaining hours (such as weekday prime time and weekends) are filled by business-related Television documentary, documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City. CNBC was originally founded in April 1989 as the Consumer News and Business Channel, a joint venture between NBC ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Barney Frank
Barnett Frank (born March 31, 1940) is a retired American politician. He served as a member of the U.S. House of Representatives from Massachusetts from 1981 to 2013. A Democratic Party (United States), Democrat, Frank served as chairman of the House Financial Services Committee from 2007 to 2011 and was a leading co-sponsor of the 2010 Dodd–Frank Act. Frank, a resident of Newton, Massachusetts, was considered the most prominent gay politician in the United States during his time in Congress. Born and raised in Bayonne, New Jersey, Frank graduated from Bayonne High School, Harvard College and Harvard Law School. He worked as a political aide before winning election to the Massachusetts House of Representatives in 1972. He was elected to the U.S. House of Representatives in 1980 with 52 percent of the vote. He was re-elected every term thereafter by wide margins. In 1987, he publicly came out as gay men, gay, becoming the first member of Congress to do so voluntarily. From 200 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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House Financial Services Committee
The United States House Committee on Financial Services, also referred to as the House Banking Committee and previously known as the Committee on Banking and Currency, is the committee of the United States House of Representatives that oversees the entire financial services industry, including the securities, insurance, banking and housing industries. The Financial Services Committee also oversees the work of the Federal Reserve, the United States Department of the Treasury, the U.S. Securities and Exchange Commission and other financial services regulators. The House Committee on Financial Services is considered to be one of the House's most powerful committees. It is currently chaired by Republican French Hill from Arkansas, having assumed office in 2025. The Ranking Member is Democrat Maxine Waters from California, who previously chaired the committee under a Democratic majority in the House. Jurisdiction Under the rules of the 113th Congress, the Financial Services Co ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ben Bernanke
Ben Shalom Bernanke ( ; born December 13, 1953) is an American economist who served as the 14th chairman of the Federal Reserve from 2006 to 2014. After leaving the Federal Reserve, he was appointed a distinguished fellow at the Brookings Institution. During his tenure as chairman, Bernanke oversaw the Federal Reserve's response to the 2008 financial crisis, for which he was named the 2009 Time Person of the Year, ''Time'' Person of the Year. Before becoming Federal Reserve chairman, Bernanke was a tenured professor at Princeton University and chaired the Princeton University Department of Economics, Department of Economics there from 1996 to September 2002, when he went on public service leave. Bernanke was awarded the 2022 Nobel Memorial Prize in Economic Sciences, jointly with Douglas Diamond and Philip H. Dybvig, "for research on banks and financial crises", more specifically for his analysis of the Great Depression. From August 5, 2002, until June 21, 2005, he was a member ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chairman Of The Federal Reserve
The chair of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, and is the active executive officer of the Board of Governors of the Federal Reserve System. The chairman presides at meetings of the Board. The chairman serves a four-year term after being nominated by the president of the United States and confirmed by the United States Senate; the officeholder serves concurrently as a member of the Board of Governors. The chairman may serve multiple terms, subject to re-nomination and confirmation each time; William McChesney Martin (1951–1970) was the longest serving chair, with Alan Greenspan (1987–2006) a close second. neither the president nor congress of the US can dismiss a chairman before the end of a term. Jerome Powell was sworn in as chairman on February 5, 2018. He had been first nominated to the position by President Donald Trump on November 2, 2017, and confirmed by the Senate. He was nominated to a second term by Pres ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Yaneer Bar-Yam
Yaneer Bar-Yam (born 1959) is an American scientist and activist specializing in complex systems. An expert in the quantitative analysis of pandemics, he advised policy makers on the Western African Ebola virus epidemic and founded EndCoronavirus.org, a global network of several volunteers formed in February 2020 to provide information, guidelines, and policy advocacy to fight the COVID-19 pandemic. He is the founding president of the New England Complex Systems Institute (NECSI), an independent research institution that studies complex systems science and its real-world applications. Biography Yaneer Bar-Yam was born in Boston, Massachusetts, in 1959 to Israeli parents. His father, Zvi Bar-Yam, is a high-energy particle physicist, and his mother, Miriam Bar-Yam, is a developmental psychologist. He received his BS degree in 1978 and his Ph.D. degree in 1984, both in physics from the Massachusetts Institute of Technology. He was a Bantrell Postdoctoral Fellow, and a joint postdo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Robert Pozen
Robert Charles Pozen (born 1946), known as "Bob", is an American financial executive with a strong interest in public policy. He is the former chairman of MFS Investment Management, the oldest mutual fund company in the United States. Previously, Pozen was the President of Fidelity Investments. In 2001 and 2002, he served as a member of President George W. Bush's Commission to Strengthen Social Security. His proposal for utilizing a "progressive indexing" methodology to address Social Security's long-term solvency issue received national attention, including a mention during President Bush's 2006 State of the Union address. , he is a senior lecturer at MIT Sloan School of Management, and a senior fellow at the Brookings Institution and also is an executive coach and mentor, teaching executives about how to be more productive. Early life, education and personal life Pozen was born in Connecticut into a Jewish family, where he attended public high school and won a scholarship t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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John McCain
John Sidney McCain III (August 29, 1936 – August 25, 2018) was an American statesman and United States Navy, naval officer who represented the Arizona, state of Arizona in United States Congress, Congress for over 35 years, first as a U.S. House of Representatives, Representative from 1983 to 1987, and then as a U.S. senator from Arizona, U.S. senator from 1987 until his death in 2018. He was the Republican Party (United States), Republican Party's nominee in the 2008 U.S. presidential election. McCain is a son of Admiral John S. McCain Jr. and grandson of Admiral John S. McCain Sr. He graduated from the U.S. Naval Academy in 1958 and Early life and military career of John McCain, received a commission in the U.S. Navy. McCain became a Naval aviator (United States), naval aviator and flew ground-attack aircraft from aircraft carriers. During the Vietnam War, he almost died in the 1967 USS Forrestal fire, 1967 USS ''Forrestal'' fire. While on a bombing mission during O ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mike Capuano
Michael Everett Capuano ( ; born January 9, 1952) is an American politician and attorney who served as a U.S. Representative of Massachusetts from 1999 to 2019. A Democrat, his district included the northern three-fourths of Boston, as well as parts of Cambridge, his hometown of Somerville, and other communities immediately north and south of Boston. Prior to being elected to Congress, he served as an Alderman and Mayor of Somerville. Capuano was born and raised in Somerville. After graduating from Dartmouth College and Boston College Law School, he worked as an attorney and Somerville alderman. After losing two mayoral elections in 1979 and 1981, he worked as legal counsel for the Massachusetts General Court. In 1989 Capuano ran for mayor a third time and won, serving from 1990 to 1999. In 1998 Capuano won a crowded Democratic primary to replace Joseph Kennedy II in Congress and was re-elected nine times. He represented the state's 8th district until it was redrawn in 201 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Carolyn B
Carolyn is a female given name, a variant of Caroline. Other spellings include Carolin, Karolyn, Carolyne, Carolynn or Carolynne. Caroline itself is one of the feminine forms of Charles. List of notable people * Carolyn Bennett (born 1950), Canadian politician * Carolyn Bertozzi (born 1966), American chemist and Nobel laureate * Carolyn Bertram (born 1976), Canadian politician *Carolyn Bessette-Kennedy (1966–1999), wife of John F. Kennedy, Jr. * Carolyn Beug (1952–2001), American filmmaker * Carolyn Bolivar-Getson (born 1964), Canadian politician * Carolyn Brown (choreographer) (born 1927), American dancer, choreographer, and writer * Carolyn Brown (newsreader), English newsreader *Carolyn Cassady (1923–2013), American writer and wife of Neal Cassady * Carolyn Caton, American politician from Missouri * C. J. Cherryh (Carolyn Janice Cherryh; born 1942), American science fiction and fantasy writer * Carolyn Chiechi (born 1943), judge of the United States Tax Court * Car ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |