The skinny on the 2008 naked short-sale restrictions

Abreu, 2002, Synchronization risk and delayed arbitrage, Journal of Financial Economics, 66, 341, 10.1016/S0304-405X(02)00227-1 Alexander, 2008, The effect of price tests on trader behavior and market quality. An analysis of Reg SHO, Journal of Financial Markets, 11, 84, 10.1016/j.finmar.2007.06.002 Asquith, 2005, Short interest, institutional ownership, and stock returns, Journal of Financial Economics, 78, 243, 10.1016/j.jfineco.2005.01.001 Bacidore, 2002, Liquidity provision and specialist trading in NYSE-listed non-US stocks, Journal of Financial Economics, 63, 133, 10.1016/S0304-405X(01)00092-7 Bennett, 2006, Market structure, fragmentation, and market quality, Journal of Financial Markets, 9, 49, 10.1016/j.finmar.2005.12.001 Boehmer, 1991, Event-study methodology under conditions of event-induced variance, Journal of Financial Economics, 30, 253, 10.1016/0304-405X(91)90032-F Boni, 2006, Strategic delivery failures in US equity markets, Journal of Financial Markets, 9, 1, 10.1016/j.finmar.2005.11.001 Bris, A., 2008. Short selling activity in financial stocks and the SEC July 15th emergency order. Working Paper, IMD. Bris, 2007, Efficiency and the bear: short sales and markets around the world, Journal of Finance, 62, 1029, 10.1111/j.1540-6261.2007.01230.x Carhart, 1997, On persistence in mutual fund performance, Journal of Finance, 52, 57, 10.2307/2329556 Charoenrook, A., Daouk, H., 2005. The world price of short selling. Working Paper, Cornell University. Chen, 2002, Breadth of ownership and stock returns, Journal of Financial Economics, 66, 171, 10.1016/S0304-405X(02)00223-4 D’Avolio, 2002, The market for borrowing stock, Journal of Financial Economics, 66, 271, 10.1016/S0304-405X(02)00206-4 Danielsen, 2001, Why do option introductions depress stock prices? A study of diminishing short sale constraints, Journal of Financial and Quantitative Analysis, 36, 451, 10.2307/2676220 Demsetz, 1968, The cost of transacting, Quarterly Journal of Economics, 82, 33, 10.2307/1882244 Desai, 2002, An investigation of the informational role of short interest in the Nasdaq market, Journal of Finance, 57, 2263, 10.1111/0022-1082.00495 Diamond, 1987, Constraints on short-selling and asset price adjustments to private information, Journal of Financial Economics, 18, 277, 10.1016/0304-405X(87)90042-0 Evans, 2009, Failure is an option: impediments to short selling and options prices, Review of Financial Studies, 22, 1955, 10.1093/rfs/hhm083 Fama, 1993, Common risk factors in the returns on stocks and bonds, Journal of Financial Economics, 33, 3, 10.1016/0304-405X(93)90023-5 Figlewski, 1981, The informational effects of restrictions on short sales: some empirical evidence, Journal of Financial and Quantitative Analysis, 16, 463, 10.2307/2330366 Figlewski, 1993, Options, short sales, and market completeness, Journal of Finance, 48, 761, 10.2307/2328923 Fotak, V., Raman, V., Yadav, P.K., 2009. Naked short selling: the emperor’s new clothes? Working Paper, University of Oklahoma. Geczy, 2002, Stocks are special too: an analysis of the equity lending market, Journal of Financial Economics, 66, 241, 10.1016/S0304-405X(02)00225-8 Harrington, 2007, All events induce variance: analyzing abnormal returns when effects vary across firms, Journal of Financial and Quantitative Analysis, 42, 229, 10.1017/S002210900000226X Jones, 2002, Short-sale constraints and stock returns, Journal of Financial Economics, 66, 207, 10.1016/S0304-405X(02)00224-6 Jones, 1994, Transactions, volume, and volatility, Review of Financial Studies, 7, 631, 10.1093/rfs/7.4.631 Kolasinski, A.C., Reed, A.V., Thornock, J.R., 2009. Prohibitions versus constraints: the 2008 short-sale regulations. Working Paper, University of Washington. Lamont, O.A., 2004. Go down fighting: short sellers vs. firms. NBER Working Paper no. 10659. Miller, 1977, Risk, uncertainty and divergence of opinion, Journal of Finance, 32, 1151, 10.2307/2326520 Nagel, 2005, Short sales, institutional investors and the cross-section of stock returns, Journal of Financial Economics, 78, 277, 10.1016/j.jfineco.2004.08.008 Scheinkman, 2003, Overconfidence and speculative bubbles, Journal of Political Economy, 111, 1183, 10.1086/378531 Stoll, 2000, Friction, Journal of Finance, 55, 1479, 10.1111/0022-1082.00259