Autore, Don M.; Gehy, Dominique - In: Journal of Banking & Finance 37 (2013) 6, pp. 1974-1985
We study the impact of two recent regulations that impose restrictions on short selling. First, since October 2007 any investor that short sells a firm’s stock is prohibited from purchasing shares in the firm’s seasoned equity offering (SEO) if the short occurred in the five days prior to...