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BUYINS.NET: RegSHO.com Launches Short Sale Compliance Website For Brokers And Hedge Funds. Addresses
BUYINS.NET, www.buyins.net, announced today that responding to the growing need for short sale compliance tools, a group led by former Securities and Exchange Commission chairman Harvey Pitt is creating a new electronic surveillance system to help brokers and hedge funds comply with new short selling requirements. The company is RegSHO.com and the new technology-based compliance platform can be found at www.regsho.com. A partial list of the securities currently affected by an SEC emergency order on naked short selling is: Lehman Brothers Holdings Inc. (NYSE: LEH), Merrill Lynch & Co., Inc. (NYSE: MER), Mizuho Financial Group, Inc. (NYSE: MFG), Morgan Stanley (NYSE: MS), UBS AG (NYSE: UBS).
