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.
Key issues for the US banking sector
Simultaneously, banks are challenged to address transformative issues such as artificial intelligence and escalating cyber threats, while maintaining vigilant...