Let's legalize naked shorting as a way of making the stock market more efficient.
There should also be a ban on naked shorting and the up-tick rule needs to return.
Mahoney hopes this permanent naked shorting ban will restore investor confidence and bring more discipline to the market.
It should rigorously enforce its own rules on naked shorting, leverage limits, etc.
Naked shorting can cross the line, however, if a trader does not intend to borrow shares to settle the trade.
The DTCC has been the target of 14 lawsuits by companies accusing it of facilitating naked shorting, though all but three have been dismissed.
For all the fuss, not all naked shorting is against the rules.
Some companies and investors have blamed stock-price declines on naked shorting.
Goldman and Merrill deny that they participated in unlawful naked shorting.
ECONOMIST: Short-selling litigation: An enlightening mistake | The
Some question the link between failed trades and naked shorting.
ECONOMIST: Short-selling litigation: An enlightening mistake | The
Many hedge fund managers deny naked shorting occurs, but a growing number of company executives, from bigger and bigger companies no less, have complained that short-sellers have used manipulation to drive their shares down.
应用推荐