Bill Belew has raised 2 bi-cultural kids, now 34 and 30. And he and his wife are now parenting a 3rd, Mia, who is 8.

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Reading the Rules

There is talk of resurrecting the uptick rule –

Bernanke Says There May Be Benefit to Resurrecting Uptick Rule.

What is it –

1. Investopedia defines it as  – A sometimes rule established by the SEC that requires that every short sale transaction will be entered at a price that is higher than the price of the previous trade. ”

The rule was introduced in the Securities Exchange Act of 1934 as Rule 10a-1.

The purpose of the rule is to prevent short sellers from adding to the downward momentum an asset is already experiencing sharp declines. The SEC eliminated the rule on July 6, 2007.

It is also known the “plus tick rule”.

There are calls to bring back the uptick rule. See –

Isakson Outlines Keys to Getting Economy Back on Track

&

SEC may Reinstate Uptick Rule – Forex Peace Army Forum

Talk to Bill and others about their experiences raising bi-cultural Japanese-American kids.

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Bill Belew

Bill Belew

Daddy and Christian.

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