Article: For democracy, it’s a time of swimming against the tide

Article - Media

For democracy, it’s a time of swimming against the tide

Tim Sullivan, 12 July 2021

The old Nicaraguan revolutionary, with his receding hairline and the goatee that he had finally let turn grey, spoke calmly into the camera as police swarmed toward his house, hidden behind a high wall in a leafy Managua neighborhood. Surveillance drones, he said, were watching overhead.

Decades earlier, Hugo Torres had been a revered guerrilla in the fight against right-wing dictator Anastasio Somoza. In 1974, he’d taken a group of top officials hostage, then traded them for the release of imprisoned comrades. Among those prisoners was Daniel Ortega, a Marxist bank robber who would become Nicaragua’s elected president and later its authoritarian ruler. Continue reading “Article: For democracy, it’s a time of swimming against the tide”

Article: In Pursuit of the Naked Short by Alexis Stokes

Article - Academic

In Pursuit of the Naked Short

Alexis Stokes, Texas State University

Journal of Law and Business 5/1 (Spring 2009)

This article explores the origins of naked short-selling litigation; considers
the failures of significant naked short-selling lawsuits in federal court;
surveys the obstacles erected collectively by constitutional standing requirements, the Federal Rules of Civil Procedure, the Private Securities Litigation Reform Act, brokerage firms, death spiral financiers, and the Depository Trust and Clearing Corporation; examines the efficacy of Regulation SHO, SEC rule 10b-21, and new FINRA rules; discusses recent state legislation and state court litigation; and identifies non-litigation options to curb naked short-selling. Ultimately, this article seeks to answer the question: If manipulative naked short-selling is more than a mythological scapegoat for
small cap failure, what remedies are, or should be, available?

PDF (62 Pages): Article In Pursuit of the Naked Short