An insight by John Picone, David Kelman, and Robert Sniderman has been quoted in Wealth Professional‘s (WP) article “Will Canadian Short Sellers Face a Regulatory Squeeze?”.
WP’s article looks at CSA Consultation Paper 25-403: Activist Short Selling, as the “consultation takes on heightened importance amid market manipulation concerns.”
Wrote John, David, and Robert: “Advocates of activist short selling suggest that the practice contributes to market efficiency and price discovery by identifying and correcting artificially inflated position. Critics, however, focus on the inherent harm caused to the public market by deliberate attempts to destroy shareholder value for personal gain.”
Read the full article in WP here.
Read our full insight, “Playing the Short Game: Activist Short Sellers May Soon Face Greater Regulation” here.