Article: India Penalizes Amex, Diners For Flouting Data-Storage Rules

Article - Media, Publications

India Penalizes Amex, Diners For Flouting Data-Storage Rules

Jeanette Rodrigues, 23 April 2021

The Reserve Bank of India restricted American Express Banking Corp. and Diners Club International Ltd. from adding new local customers, citing non-compliance with data-storage rules.

The order will take effect May 1 and won’t impact existing customers, the RBI said in a statement Friday. Continue reading “Article: India Penalizes Amex, Diners For Flouting Data-Storage Rules”

Article: Naked Short Selling – How Exposed Are Investors?

Article - Academic

Naked Short Selling: How Exposed are Investors?

James W. Christian, Robert Shapiro, John-Paul Whalen

The Houston Law Review, 10 November 2006

Regulation SHO is a start, but in order to guarantee a fair market place, the SEC must close the loopholes in Regulation SHO and institute comprehensive reforms to the clearing and settlement system. Until the SEC makes these necessary reforms and addresses the DTCC’s mismanagement of the Stock Borrow Program, investors will continue to be exposed to the manipulative potential of naked short selling.

PDF (58 Pages):  HLR Naked Short Selling 2006-11-10