Here Go the Short ETFs - Seeking Alpha: "Things like this make me wonder what country I am in.
I've received many emails and yes, Ultrashort Financial (SKF) is halted and it looks like we are stuck with it until October 2nd. At which time the government can decide if the peons can trade it again. If not they can push out the short ban for 30 more days.
Which will take us to November 2nd.
Which I believe is election day.
How convenient.
Update: ProShares announcement. You are now free to sell at a 35% loss. I still think they'll keep the short selling ban until the election.
Update: Reports both SKF and SEF halted due to lack of counterparties."
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