Short Sale Rule

Based on the long positions reflected in certain accounts at its prime brokers (albeit not an overall net long position in such securities across all ...

These proceedings concern Bayes Capital’s violations of Regulation SHO (“Reg SHO”) of the Exchange Act, in connection with its principal trading practices. As described more ...

Historically the SEC has announced charges against firms not satisfying rule 105 of Regulation M in big bunches.  This time it’s only the New York-based ...

Rule 105 prohibits any person from purchasing in covered offerings where the person has shorted the same securities during the defined restricted period. As described ...

WDCO willfully violated Regulation SHO by taking advantage of the bona-fide market making exception to the “locate or borrow” requirement for short sales in Rule ...

These proceedings arise out of a violation of Rule 105 of Regulation M of the Exchange Act by Palestra Capital Management LLC (“Palestra”), a New ...

WDCO’s practice for its proprietary traders was to assume that all short sales by its proprietary trading group qualified for the bona-fide market making exception.

Regulation SHO, the Commission’s short sale regulation, was adopted, in part, to address problems associated with persistent “fails to deliver” and potentially abusive “naked” short ...

Goldman’s documentation of its compliance with Reg SHO in its locate log was inaccurate in that Goldman failed to sufficiently differentiate between locates that were filled ...

Rule 105 prohibits selling short an equity security that is the subject of certain public offerings and purchasing the offered security from an underwriter or ...