Abstract
During times of market turmoil, market regulators are often called upon to ban short selling. This paper considers a number of arguments commonly used to justify banning, which revolve around issues of volatility, stability, market abuse and settlement disruption. A literature review focusing on the 2008 period provides little evidence to support these arguments against short selling, suggesting that regulators should be circumspect when considering any future bans.
| Original language | English |
|---|---|
| Pages (from-to) | 1-8 |
| Number of pages | 8 |
| Journal | JASSA |
| Volume | 3 |
| Issue number | 2 |
| Publication status | Published - 2012 |
Keywords
- Equities market
- Regulation
- Securities lending
- Short selling