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The supply of 'phantom shares'.

Publication: Regulation
Publication Date: 22-JUN-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: The supply of 'phantom shares'.(FOR THE RECORD)(naked short selling )

Article Excerpt
In the previous issue of Regulation (Spring 2008), two articles were published on the issue of naked short selling and its effect in the marketplace. While there are points I could note on both articles, it bears mention that the first, "The Economics of Naked Short Selling," is based on a flawed understanding of the securities markets.

The...

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