Executive Summary In a new Pinpoint report, TABB Group maps out the pros and cons of the reinstatement of an uptick rule. Backed by a survey of 62 leading equity investors, brokers and exchanges, TABB Group reviews the history of the uptick rule, recent restrictions on short-selling, different proposals for the uptick rule and how the reinstatement of the uptick rule would impact liquidity and various segments of the industry, including Alternative Trading Systems, Exchanges,

Table of Exhibits

Exhibit Number       Description

      1.      Possible Outcomes for an Uptick Rule 
      2.      Demographics
      3.      What Impact Would an Uptick Rule Have on Financial Stocks? 
      4.      What Impact Would an Uptick Rule Have on Liquidity? 
      5.      Impact of a Circuit Breaker Rule Versus an Uptick Rule?
      6.      What Impact Would an Uptick Rule Have on ATSs?
      7.      What Impact Would an Uptick Rule Have on Exchanges?
      8.      What Impact Would an Uptick Rule Have on Institutional Equity Brokerage?
      9.      What Impact Would an Uptick Rule Have on Market Makers?
      10.    What Impact Would an Uptick Rule Have on Hedge Funds?