Thu, Jul 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Short-selling creates uproar on both sides of the Atlantic

Monday, February 15, 2010

From Sagar Chakraverty, Opalesque Asia:

While the global economy is gradually coming back to track after the financial crisis, with liquidity flowing in, there are lot of ideas going around in the markets – ideas to avert another crisis. As the voices are growing louder in the advanced economies, one can distinctly hear a protest against the short-sellers, who are seen as the villains of the global crisis. They are charged with reducing liquidity, raising volatility, and even causing nations to fail. As short-sellers stand in the ‘financial courts’ and shoulder all the blame in the US and the EU, it would be interesting to see what actions are taken on them.

SEC may restrict “the practice of short selling” in coming weeks The US Securities and Exchange Commission (SEC) will be mulling over restrictions on the practice of short selling in the coming weeks, SEC chairman Mary Schapiro revealed in a speech at ‘SEC Speaks in 2010’, a seminar held in Washington DC on 5-Feb and 6-Feb.

Schapiro said: “Finally, in the past year, we adopted rules that seek to reduce the potential for abusive ‘naked’ short selling in the securities market. These rules have significantly reduced the number of times short sellers failed to deliver securities. Looking ahead, in the coming weeks, we will consider proposals to restrict the practice of short selling,” Global Securities Lending ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Launches - Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle, Jersey players institutionalize first regulated crypto-currency hedge fund[more]

    Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle From Coindesk.com: The operators of a regulated, Jersey-based bitcoin hedge fund have officially closed a new $5 million fund aimed at investing in cryptocurrency tokens and initial coin offerings (ICOs). Backed by fun

  2. SWFs - China Wealth fund backs TPG lender as part of U.S. property push[more]

    From Bloomberg.com: China Investment Corp., the sovereign wealth fund that controls $814 billion in assets, is betting on U.S. real estate by investing in a commercial real estate lender formed by the money management firm TPG. In conjunction with last week's initial public offering of TPG RE Financ

  3. Months to minutes: Enigma launch aims to boost crypto hedge fund creation[more]

    From Coindesk.com: What if starting a hedge fund was as easy as downloading an API? A startup incubated at MIT Media Lab is today revealing a product designed with this ease-of-use in mind. Called Catalyst, the first product offering by blockchain startup Enigma aims to trigger nothing short of an e

  4. North America - Hedge funds disclose their Puerto Rico debt holdings, US dominates new money portion of Greece's debt sale[more]

    Hedge funds disclose their Puerto Rico debt holdings From Reuters.com: A group of hedge funds that hold about $3 billion of Puerto Rico sales-tax-backed debt released a court filing late on Tuesday that revealed how much of the total amount each fund manages. Decagon Holdings LLC,

  5. $25 million cryptocurrency fund launches to capitalize on the "internet of the future"[more]

    From Coindesk.com: General Crypto, a $25 million cryptocurrency hedge fund, has launched to provide high net worth investors with liquid exposure to the cryptocurrency market and digital assets that they believe could run the technological infrastructure of the future. Since the start of 2017, the t