Activist short selling is certainly controversial. But it’s not necessarily illegal nor unethical.
Academic rigor, journalistic flair
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Activist short selling plays an important role in keeping financial markets accountable and efficient.
The question is if and how the regulators can respond.
Short sellers are often portrayed by the media to be the villains of the financial markets. They are usually presented as evil traders that drive down the prices of good companies. However, the academic…
