A Survey of Short-Selling Regulations

B-Tier
Journal: Review of Asset Pricing Studies
Year: 2024
Volume: 14
Issue: 4
Pages: 613-639

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Given the complex and controversial nature of short-selling regulation, we review the academic literature and provide insights for policy makers and academics. We organize the complex history of short-selling regulation into three areas: trading restrictions, securities lending regulations, and disclosure requirements. We identify, analyze, and discuss 45 distinct regulations promulgated from 1896 to 2021, primarily by reviewing the academic literature and the data sources employed. We provide several insights regarding the effectiveness of regulatory approaches and the wider impact of short-selling regulation on markets. (JEL G2, G12, G14, G15, G34)

Technical Details

RePEc Handle
repec:oup:rasset:v:14:y:2024:i:4:p:613-639.
Journal Field
Finance
Author Count
3
Added to Database
2026-01-25