Purpose – To describe and analyze in detail an Interpretive Release (the “2006 Interpretation”) approved on July 12, 2006 by the US Securities and Exchange Commission (“SEC”) regarding the soft dollar safe harbor under Section 28(e) of the Securities Exchange Act of 1934....

Purpose – The purpose of this paper is to summarize and explain amendments to SEC Regulation SHO adopted on June 13, 2007 Design/methodology/approach – The paper explains elimination of “grandfather” exception to Reg SHO close‐out requirement, explains proposed amendments to options...