{"id":8389,"date":"2008-08-18T00:00:00","date_gmt":"2008-08-18T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"ceos-launch-web-site-to-protect-short-sellers","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2008\/ceos-launch-web-site-to-protect-short-sellers.html","title":{"rendered":"CEOs Launch Web Site To Protect Short Sellers"},"content":{"rendered":"<p> Washington Post &#8211; When the Securities and Exchange Commission issued an emergency order last month protecting the stocks of the country&#8217;s largest financial institutions against a form of short selling, three businessmen saw an opportunity. <\/p>\n<p>Harvey Pitt, SEC chairman from 2001 to 2003 and chief executive of District-based global consulting firm Kalorama Partners, teamed up with John Tabacco, chief executive of LocateStock.com, and Tom Ronk, the chief executive of Buyins.net, to launch RegSHO.com. <\/p>\n<p>The D.C. company operates a Web-based, real-time electronic stock lending and location service that provides tools to help sellers and brokerage firms comply with SEC rules governing naked short selling &#8212; the practice the agency sought to prevent &#8212; and regular short sales of stocks. The Web site matches traders with available stocks that can be borrowed for short sales and offers immediate data on the short-sell market. It is named after the SEC&#8217;s order regulating such trades, Regulation SHO. <\/p>\n<p><a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2008\/08\/17\/AR2008081702014.html?nav=rss_business\" target=\"_self\" title=\" Read Complete Article\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Washington Post &#8211; When the Securities and Exchange Commission issued an emergency order last month protecting the stocks of the country&#8217;s largest financial institutions against a form of short selling, three businessmen saw an opportunity. Harvey Pitt, SEC chairman from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2198,2197,20,34,1555,243,340,26,2196],"class_list":["post-8389","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-amendment-to-the-us-constitution","tag-emirates","tag-new-marketplace","tag-news-press","tag-pension-funds","tag-percent-stake","tag-savings-and-loan-crisis","tag-sec-rule","tag-trips-to-mexico"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8389"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8389\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}