@jackofspades71.bsky.social
Reposted
www.sec.gov
January 28, 2025 at 4:40 PM
www.sec.gov
January 28, 2025 at 4:38 PM
(i.e., were short); CNS reported only the firm’s overall daily net position. In addition, the firms told the Division that DTCC – as the contraparty to the firm’s net trades – is the only entity that would know which firms had failed to settle their transactions and whether buy-in was demanded.
January 28, 2025 at 4:38 PM
(i.e., were short); CNS reported only the firm’s overall daily net position. In addition, the firms told the Division that DTCC – as the contraparty to the firm’s net trades – is the only entity that would know which firms had failed to settle their transactions and whether buy-in was demanded.
The response from most firms was that they were complying with the requirements of Regulation SHO and that they were unable to determine which trades had failed to settle because the Continuous Net Settlement (CNS) system did not report that any particular customers had failed to deliver
January 28, 2025 at 4:38 PM
The response from most firms was that they were complying with the requirements of Regulation SHO and that they were unable to determine which trades had failed to settle because the Continuous Net Settlement (CNS) system did not report that any particular customers had failed to deliver
identify 1) at which firms delivery failures were occurring, 2) whether those delivery failures were caused by either naked short selling or manipulative devices, and 3) if so, identify which customers were engaging in these tactics.
January 28, 2025 at 4:38 PM
identify 1) at which firms delivery failures were occurring, 2) whether those delivery failures were caused by either naked short selling or manipulative devices, and 3) if so, identify which customers were engaging in these tactics.
Source: ccl.yale.edu/sites/defaul...
ccl.yale.edu
January 28, 2025 at 4:34 PM
Source: ccl.yale.edu/sites/defaul...
In the U.S., these strategies have typically been driven by managers' desire to shed risk while deferring taxes, rather than by vote buying motives. But insiders can easily also use empty voting techniques to cement their control. As we discuss in Part II, they are doing so in other countries
January 28, 2025 at 4:34 PM
In the U.S., these strategies have typically been driven by managers' desire to shed risk while deferring taxes, rather than by vote buying motives. But insiders can easily also use empty voting techniques to cement their control. As we discuss in Part II, they are doing so in other countries
Sources:
* papers.ssrn.com/sol3/papers....
* financialmathmodels.wordpress.com/2015/05/13/p...
* www.investopedia.com/terms/c/coup...
* papers.ssrn.com/sol3/papers....
* financialmathmodels.wordpress.com/2015/05/13/p...
* www.investopedia.com/terms/c/coup...
Financial Derivatives in Corporate Tax Avoidance: A Conceptual Perspective
Financial derivatives play an increasingly common role in corporate tax avoidance. This paper takes a descriptive approach to answer the fundamental, yet under
papers.ssrn.com
January 28, 2025 at 4:33 PM