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Naked No More—An Assessment of Proposed SEC Rule 10b-21  


Author:  Alexis B. Stokes.; Peter A. Stokes.


Source: Volume 22, Number 01, September/October 2008 , pp.14-22(9)




Journal of Taxation and Regulation of Financial Institutions

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Abstract: 

The rule sends a strong signal that naked short-selling is on the SEC’s radar, particularly when considered against the backdrop of the SEC’s other actions in proposing amendments to Regulation SHO, issuing the emergency order in July 2008 to restrain naked short sales in financial stocks, and pursuing enforcement actions against short sellers who disseminate false information.

Keywords: Short selling stocks;

Affiliations:  1: Texas State University; 2: Fulbright & Jaworski LLP.

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