FYI 2014 SEC Budget Quote: Short Sales. TM will

FYI 2014 SEC Budget
Quote:
Short Sales. TM will continue the administration of the short
sale price test rule that became effective in FY 2011, including
responding to interpretive questions. In addition, TM intends
to continue to review whether enhancements to the rules
established to reduce persistent failures-to-deliver resulting
from short sales (i.e., rules addressing so-called “naked” short
sales) are needed. In addition, in FY 2013 and FY 2014, the
Division intends to:
• Consider whether to recommend new rules on short
selling under the Dodd-Frank Act, which requires the
Commission to adopt rules relating to disclosure of
reporting of short sale positions, and short sale-related
fraud; and
• Consider whether amendments are needed to the
short sale price test circuit breaker rule, based on
a Commission-directed study of the rule by the
Commission’s economists.


page 84

http://www.sec.gov/about/reports/secfy14congbudgjust.pdf
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Revenues/earnings/dividends!