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Short-Selling Restrictions
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Yale Program on Financial Stability
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Working Document - Updates in Progress
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Purpose: This document provides an overview of Short-selling Restrictions. It highlights programs that were extended, modified, or created in response to the Global Financial Crisis. It also provides a list of interesting features and relevant evaluations a policymaker should pay special attention to when designing such a program. Short-selling restrictions implemented in response to Covid-19 are also cataloged.
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Short-selling Restrictions
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For a discussion of the Short-selling Restrictions based on this resource guide, please see the linked blog post, which highlights key design decisions.
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Tab 1: Programs
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High-level overviews of programs are summarized by country, with specific attention paid to extension/expansion of existing programs and additional programs. Supporting documentation is provided.
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Tab 2: Features
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Interesting design features of programs from Tab 1 are listed and categorized by type of design decision. Categories include type of restriction, date of announcement, scope and length of measure, administration, justification, and interesting features.
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Tab 3: Evalutions
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Compiles key takeaways from evaluations of specific programs. Evaluations include those related to program usage, such as official reports, or evaluations of the effectiveness of the program.
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Tab 4: General Resources
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A repository for relevant or general information, such as the Federal Reserve Board, Bloomberg, and the European Systemic Risk Board. Other documents are added as identified.
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For questions about this document, please contact: ypfs@yale.edu
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