SEC Rule 201 restricts short selling activity if a stock declines at least 10% from the previous trading day’s close. Historical experience indicates that while the restriction is likely to apply to a relatively small percentage of all stocks on an average day, the restriction is likely to prove relevant in a large number of securities class actions.
60 seconds with Swati Kanoria
CRA’s Swati Kanoria sat down with the magazine to give a 60 second interview about her career and work with CRA. She answers a number of questions including...