Pinar Kip Williamson: Depository Trust & Clearing Corporation (DTCC) member of the board. She is Executive Vice President, is the Global Head of the Transformation and Client Delivery Management organization at State Street. Previously, she held roles leading the Global Strategic Operations, Strategic Enterprise Business Solutions, and Restructuring divisions and served as the Design Lead for the State Street Beacon program. She also serves as the executive sponsor of State Street’s Leadership Development Program and the New York Professional Women’s Network.
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