Pankaj K. Jain
Visiting Academic Scholar
Office of Markets

Education Summary

  • Ph.D. Finance, Indiana University, 2002
  • Chartered Financial Analyst, CFA Institute, 2006
  • M.B.A. Finance, Indiana University, 2000
  • L.LB. Law, University of Mumbai, 1998
  • Management Diploma, Indian Institute of Management, 1995

Fields of Interest

  • Market microstructure
Visiting Academic Scholar
Division of Risk, Strategy and Financial Innovation
U.S. Securities and Exchange Commission
2012–present
Associate Professor of Finance
University of Memphis
2002–present
President of the Board of Directors
CFA Society of Memphis
2007–2009
Manager
SBI Capital Markets (Investment Banking)
1995–1998
  • Chinmay Jain, Pankaj K. Jain, and Thomas McInish, Short Selling: The Impact of SEC Rule 201, 2012, Financial Review 47, 37-64. [Best Paper Published in Financial Review in 2012].
  • Archana Jain, Pankaj K. Jain, Thomas McInish, and Michael Mckenzie, Worldwide Short Selling: Regulations, Activity, and Implications, 2013, Journal of Financial Economics, Forthcoming.
  • Ying Huang, Susan Elkinawy, and Pankaj K. Jain, Investor Protection and Cash Holdings: Evidence from U.S. Cross-listings, 2013, Journal of Banking and Finance 37, 937-951.
  • Qin Wang and Pankaj K. Jain, Credit Rating Changes and Institutional Trading, 2013, Journal of Trading 8, 38-47.
  • Mahmud Hossain, Pankaj K. Jain, and Santanu Mitra, Partial State Ownership and Bank Stock Stability in the Asia-Pacific Region, 2013, Pacific-Basin Finance Journal 21, 914-931.
  • Ronald Spahr, Fariz Huseynov, and Pankaj K. Jain, Government as the Firm's Third Financial Stakeholder: Impact on Capital Investment Decisions, Capital Structure, Discount Rates and Valuation, 2013, Engineering Economist 57, 157-177.
  • Sugato Chakravarty, Pankaj K. Jain, James Upson, and Robert Wood, Clean Sweep: Informed Trading through Intermarket Sweep Orders, 2012, Journal of Financial and Quantitative Analysis 47, 415-435.
  • Sakshi, Jain, Pankaj K. Jain, and Zabihollah Rezaee, Stock Market Reactions to Regulatory Investigations: Evidence from Options Backdating, 2010, Research in Accounting Regulation 22, 52-57.
  • Pankaj K. Jain, The Profound Effects of Automation on Stock Markets Around the World, 2008, Journal of Investment Management 6, 46-54.
  • Andrew Ellul, Craig Holden, Pankaj K. Jain, and Robert Jennings, Order Dynamics: Recent Evidence from the NYSE, 2007, Journal of Empirical Finance 14, 636–661.
  • Pankaj K. Jain and Jang-Chul Kim, Investor Recognition, Liquidity, Returns, and Performance after Exchange Listings in the Reformed Markets, 2006, Financial Management 35, 21-42.
  • Pankaj K. Jain, and Zabihollah Rezaee, The Sarbanes-Oxley Act of 2002 and Capital Market Behavior: Early Evidence, 2006, Contemporary Accounting Research 23, 629-654.
  • Pankaj K. Jain, Financial Market Design and the Equity Premium: Electronic vs. Floor Trading, 2005, Journal of Finance 60, 2955-2985.
  • Chiraphol Chiyachantana, Pankaj K. Jain, Christine Jiang, and Robert A. Wood, International Evidence on Institutional Trading Behavior and Determinants of Price Impact, 2004, Journal of Finance 59, 865-894.

Conference Activities

Paper presentation (by coauthor), 2012 AAA Conference
Paper presentation, 2011 EFMA Conference
Paper presentation, 2010 AAA Conference
Discussant, 2009 NBER Conference
Paper presentation, 2008 NBER Conference
Discussant, 2008 WFA Conference

University Presentations

U.S. Securities and Exchange Commission, 2012
Florida International University, 2012
Indian Business School, 2012
Univ. of North Carolina Academic Forum on Securities Lending with RMA, 2011
Villanova University, 2011
Temple University, 2009
Vanderbilt University, 2008
Georgia Tech, 2007