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Obscure Rule Change Blamed for Wild Market

'Downtick' regulation helped check stock free falls

By Peter Fearon,  Newser Staff

Posted Aug 14, 2007 1:22 AM CDT

(Newser) – A change in an arcane rule governing stock trading is being blamed for some of the recent volatility in the stock market, the Wall Street Journal reports. For more than 75 years, the "downtick rule" prevented traders from shorting a stock as the price...   Read full story »

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