Which One of the Following Statements Is Correct Regarding the NYSE

Multiple Choice

Which one of the following statements is correct regarding the NYSE uptick rule?

A) The rule prevents any further selling of shares when the last sale was an uptick.
B) The rule prevents any further selling of shares when the last sale was a downtick.
C) The rule prevents short-selling except following an uptick.
D) The rule prevents short-selling except following a downtick.
E) The rule was recently adopted to limit market volatility.