leviticus1935

David Einhorn: The Irony of It All

One helpful move toward transparency would be to force all short sellers to file Form 13F with the SEC disclosing their short positions exceeding an aggregate of $100 million. This would be the mirror image of what money managers are required to do when they disclose their long equity positions exceeding $100 million. This makes total sense and would give market participants much better information about concentrated positions in a stock. However, this rule will never be adopted by the SEC because the hedge funds have too much political influence.