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Georgia Bard

09/28/01 12:50 PM

#53 RE: Georgia Bard #52

Transparency for shorts would kill them, which is why they do not want the SEC to impose anything that may protect our financial market. But overseas they are looking into monitoring trading activities. Disclosure is not required on regulated or unregulated shorting. It is voluntary.

Essentially, Deutsche Bank is offering to monitor hedge funds and supply information on their activities to institutional investors. Pension funds, of course, are used to getting what they want from outside money managers: namely, complete, same-day disclosure of investment positions. For hedge funds that rapidly trade in and out of security positions, end-of-day disclosure might not be such a burden. But for those that sell stock short, or try to capture spreads between securities through arbitrage--two of the more popular strategies among pension managers--disclosing their positions could make them vulnerable in the market.

Source: http://www.findarticles.com/cf_0/m3870/10_17/78133028/print.jhtml


"NO OWN - NO SELL" Petition:
http://www.petitiononline.com/NoShorts/petition.html
Proud To Be An American Against Terrorism & Its Propaganda!
:=) Gary Swancey