Reinstating this old trading rule would help the market more than a rate cut, Leon Cooperman says
Many investors have been whipsawed by the market’s sharp downturn, but billionaire investor Leon Cooperman thinks reinstating an old trading rule could help protect them: The uptick rule.
The uptick rule was a rule from the Securities and Exchange Commission that prevented short sellers from putting more pressure on a security that was already languishing. The rule was implemented in 1938 but…
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