Search engine for discovering works of Art, research articles, and books related to Art and Culture
Javascript must be enabled to continue!
Reg SHO at Twenty
View through CrossRef
Regulation SHO ("Reg SHO") was enacted by the Securities and Exchange Commission in 2004 to address concerns regarding so-called naked short selling and large and persistent trade settlement failures. Reg SHO was also designed to bring consistency, transparency, and fairness to short sale rules that varied across the major stock exchanges. This paper is the first comprehensive analysis of the impact and efficacy of Reg SHO at reducing naked short selling and fails-to-deliver (FTDs) over its twenty-year history. I use daily Regulation SHO Threshold Lists and FTD data for the period from the start of Reg SHO in 2005 through the end of 2024, together with academic and proprietary databases, to document the composition and magnitude of high FTD securities. I conclude that the Reg SHO legacy is mixed and further reforms are necessary to ensure investor confidence in markets.
Title: Reg SHO at Twenty
Description:
Regulation SHO ("Reg SHO") was enacted by the Securities and Exchange Commission in 2004 to address concerns regarding so-called naked short selling and large and persistent trade settlement failures.
Reg SHO was also designed to bring consistency, transparency, and fairness to short sale rules that varied across the major stock exchanges.
This paper is the first comprehensive analysis of the impact and efficacy of Reg SHO at reducing naked short selling and fails-to-deliver (FTDs) over its twenty-year history.
I use daily Regulation SHO Threshold Lists and FTD data for the period from the start of Reg SHO in 2005 through the end of 2024, together with academic and proprietary databases, to document the composition and magnitude of high FTD securities.
I conclude that the Reg SHO legacy is mixed and further reforms are necessary to ensure investor confidence in markets.
Related Results
Efficacy of New Insecticides Against Amrasca biguttula in Odienné Cotton Cultivation
Efficacy of New Insecticides Against Amrasca biguttula in Odienné Cotton Cultivation
Amrasca biguttula (Hemiptera: Cicadellidae) is a major pest of cotton in Côte d’Ivoire. It reduces cotton yield despite pesticide spraying. This study carried o...
Optimal irrigation scheduling combining water content sensors and remote sensing data
Optimal irrigation scheduling combining water content sensors and remote sensing data
By 2025, the Food and Agriculture Organization of the United Nations predicts that two-thirds of the world population will experience water stress conditions. In addition, it is ex...
Real-World Adherence in Patients with Metastatic Colorectal Cancer Treated with Trifluridine plus Tipiracil or Regorafenib
Real-World Adherence in Patients with Metastatic Colorectal Cancer Treated with Trifluridine plus Tipiracil or Regorafenib
Abstract
Background
Trifluridine and tipiracil (FTD + TPI) and regorafenib (REG) are approved treatments for the treatment of re...
TOEPASSING VAN ISLAMITIESE REG IN SUID-AFRIKA Hassam v Jacobs [2008] 4 All SA 350 (C)
TOEPASSING VAN ISLAMITIESE REG IN SUID-AFRIKA Hassam v Jacobs [2008] 4 All SA 350 (C)
Suid-Afrika bestaan uit 'n heterogene samelewing wat verskeie kultuur- en geloofsgemeenskappe insluit wat van dag tot dag volgens hulle eie persoonlike reg leef, ongeag of dit ampt...
Migration and homeostasis of regulatory T cells in rheumatoid arthritis
Migration and homeostasis of regulatory T cells in rheumatoid arthritis
Regulatory T (T
reg
) cells are garnering increased attention in research related to autoimmune diseases, including rheumatoid arthritis (RA...
The Effect of Plastocrete® RT6 Plus and Coca-Cola Admixtures on The Concrete Setting Time and Strength
The Effect of Plastocrete® RT6 Plus and Coca-Cola Admixtures on The Concrete Setting Time and Strength
During the casting in a warmer tropical temperature, a setting time delay is required to maintain the workability of the concrete, commonly achieved by the addition of admixtures i...
Bias correction methods for simulated precipitation in the Brazilian Legal Amazon
Bias correction methods for simulated precipitation in the Brazilian Legal Amazon
This study aimed to evaluate precipitation estimates over the Brazilian Legal Amazon (BLA) using high-resolution historical simulations from the MPI-ESM1-2-HR climate model, before...
FEATURES OF RHEOENCEPHALOGRAPHY INDICATORS IN MILITARY PERSONNEL BEFORE AND AFTER TREATMENT WHO SUFFERED ACOUSTIC BAROTRAUMA IN REAL COMBAT CONDITIONS
FEATURES OF RHEOENCEPHALOGRAPHY INDICATORS IN MILITARY PERSONNEL BEFORE AND AFTER TREATMENT WHO SUFFERED ACOUSTIC BAROTRAUMA IN REAL COMBAT CONDITIONS
Relevance: As a result of military actions in Ukraine, the number of affected individuals in need of medical care is increasing, especially after explosive trauma. The use of objec...