09/20/2008 (11:53 pm)
Colorado companies on short-sale ban list
Some Colorado-based financial institutions are among those whose stock can’t be shorted under a temporary emergency order issued Friday by the Securities and Exchange Commission.
The SEC’s action halts short-selling in 799 financial institutions until Oct. 2, in an effort to calm market turbulence. The order may be extended another 10 days past that date, the SEC said.
Denver-based bank holding companies CoBiz Financial (NASDAQ: COBZ), Guaranty Bancorp (NASDAQ: GBNK), United Western Bancorp cash advance loans. (NASDAQ: UWBK) and money manager Janus Capital Group (NYSE: JNS) are among the institutions on the list.
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