Activist short selling plays an important role in keeping financial markets accountable and efficient.
As the SEC investigates social media posts for GameStop manipulation, UNSW Business School's Mark Humphery-Jenner says it is important to remember that market manipulation is illegal.
Short selling is a crucial part of markets and regulators must examine the real impact of short selling on market efficiency before trying to restrict it, says UNSW Business School's Mark Humphery-Jenner.
Normally on the stock market, the shark swallows the little fish. Now the little fish are eating the shark as small investors force hedge fund players into uncomfortable positions.