Date: Feb. 2007
Title:
Economic Analysis of the Short Sale Price Restrictions under the Regulation SHO Pilot
Category: Studies and Reports
Date: March 2008
Title:
Fails to Deliver Statistics in Threshold Securities(PDF)
Category: Studies and Reports
Date: June 2008
Title:
Impact of Recent Regulation SHO Amendment on Fails to Deliver (Elimination of the Grandfather Exception in Rule 203 of Regulation SHO)(PDF)
Category: Studies and Reports
Date: Nov. 2008
Title:
Impact of Recent Regulation SHO Rule Changes on Fails to Deliver (Elimination of the Options Market Maker (OMM) Exception in Rule 203 of Regulation SHO and Implementation of Interim Final Temporary Rule 204T)(PDF)
Category: Studies and Reports
Date: Dec. 2008
Title:
Analysis of Short Selling Activity during the First Weeks of September 2008(PDF)
Category: Studies and Reports
Date: Dec. 2008
Title:
Analysis of a Short Sale Price Test Using Intraday Quote and Trade Data(PDF)
Category: Studies and Reports
Date: Jan. 2009
Title:
Analysis of the July 2008 Emergency Order Requiring a Pre-borrow on Short Sales(PDF)
Category: Studies and Reports
Date: Oct. 2009
Title:
Study of the Sarbanes-Oxley Act of 2002 Section 404 Internal Control over Financial Reporting Requirements
Category: Studies and Reports
Date: Nov. 2009
Title:
Impact of Recent Regulation SHO Rule Changes on Fails to Deliver (Elimination of the Options Market Maker (OMM) Exception in Rule 203 of Regulation SHO, and Implementation of Interim Final Temporary Rule 204T and Permanent Rule 204)(PDF)
Category: Studies and Reports
Date: Nov. 2009
Title:
Share Ownership and Holding Period Patterns in 13F data(PDF)
Category: Studies and Reports
Date: Jan. 2011
Title:
Security-Based Swap Block Trade Definition Analysis(PDF)
Category: Studies and Reports
Date: April 2011
Title:
Impact of Recent Regulation SHO Rule Changes on Fails to Deliver (Updates with Additional Data the Analysis Dated November 4, 2009)(PDF)
Category: Studies and Reports
Date: Feb. 2012
Title:
Capital Raising in the U.S.: The Significance of Unregistered Offerings Using the Regulation D Exemption
Vlad Ivanov and Scott Bauguess
See Latest Version (7/1/13)
Category: White Papers
Date: March 2012
Title:
Information Regarding Activities and Positions of Participants in the Single-Name Credit Default Swap Market(PDF)
Category: Studies and Reports
Date: June 2012
Title:
FINRA Proposal to Reduce Minimum Quotation Size in OTC Market Tiers(PDF)
Category: Studies and Reports
Date: Nov. 2012
Title:
Economic Effects of Proposed Rule Changes by NYSE Arca, Inc. to List and Trade Shares of the JPM XF Physical Copper Trust (SR-NYSEArca-2012-28) and the iShares Copper Trust (SR-NYSEArca-2012-66)(PDF)
Category: Studies and Reports
Date: Nov. 2012
Title:
Money Market Fund Study: Response to Questions Posed by Commissioners Aguilar, Paredes, and Gallagher (Experience through the Financial Crisis, Efficacy of 2010 Reforms, and Potential Economic Effects of Future Reforms)
Category: Studies and Reports
Date: July 2013
Title:
Analyst Competition and Monitoring:Earnings Management in Neglected Firms
Laura Lindsey and Simona Mola
DERA Working Paper 2013-04
Category: Working Papers
Date: July 2013
Title:
Capital Raising in the U.S.: An Analysis of Unregistered Offerings Using the Regulation D Exemption, 2009-2012
Vladimir Ivanov and Scott Bauguess
Category: White Papers
Date: July 2013
Title:
Appointments of Academic Directors
Joshua T. White , Tracie Woidtke, Harold A. Black and Robert L. Schweitzer
DERA Working Paper 2013-02
Category: Working Papers
Date: Aug. 2013
Title:
Qualified Residential Mortgage: Background Data Analysis on Credit Risk Retention
Joshua White and Scott Bauguess See Corrected Version (2/25/15)
Category: White Papers
Date: Sept. 2013
Title:
The Effects of Regulating Hidden Add-on Costs
K. Jeremy Ko and Jared Williams
See Latest Version (5/9/15)
DERA Working Paper 2013-03
Category: Working Papers
Date: Oct. 2013
Title:
Alternative Trading Systems: Description of ATS Trading in National Market System Stocks
Laura Tuttle
Category: White Papers
Date: Nov. 2013
Title:
Going Public Abroad
Cecilia Caglio, Kathleen Weiss Hanley and Jennifer Marietta-Westberg
See Latest Version (12/1/14)
Category: Working Papers
Date: Jan. 2014
Title:
The Economic Implications of Money Market Fund Capital Buffers
Craig M. Lewis
DERA Working Paper 2014-01
Category: Working Papers
Date: March 2014
Title:
Government Money Market Fund Exposure to Non-Government Securities(PDF)
Category: Studies and Reports
Date: March 2014
Title:
Liquidity Cost During Crisis Periods(PDF)
Category: Studies and Reports
Date: March 2014
Title:
Municipal Money Market Funds Exposure to Parents of Guarantors(PDF)
Category: Studies and Reports
Date: March 2014
Title:
Demand and Supply of Safe Assets in the Economy(PDF)
Category: Studies and Reports
Date: March 2014
Title:
OTC Trading: Description of Non-ATS OTC Trading in National Market System Stocks
Laura Tuttle
Category: White Papers
Date: April 2014
Title:
Differences in the Information Environment Prior to SEOs under Relaxed Disclosure Regulation
Sarah B. Clinton, Joshua T. White and Tracie Woidtke
DERA Working Paper 2013-05
Category: Working Papers
Date: April 2014
Title:
Interconnectedness in the CDS Market
Giulio Girardi , Craig Lewis and Mila Getmansky
Category: White Papers
Date: May 2014
Title:
White Paper on Computing Tools for Promoting Sound Investment Decisions (Original Version)
K. Jeremy Ko
See Latest Revision (12/17/14)
Category: White Papers
Date: Oct. 2014
Title:
Analysis of post-trade transparency under the CFTC regime(PDF)
Category: Studies and Reports
Date: Oct. 2014
Title:
Inventory risk management by dealers in the single-name credit default swap market(PDF)
Category: Studies and Reports
Date: Dec. 2014
Title:
Do Takeover Laws Matter? Evidence from Five Decades of Hostile Takeovers
Matthew D. Cain , Stephen B. McKeon and Steven Davidoff Solomon
Category: Working Papers
Date: Dec. 2014
Title:
Going Public Abroad
Cecilia Caglio, Kathleen Weiss Hanley and Jennifer Marietta-Westberg
DERA Working Paper 2013-01
Category: Working Papers
Date: Dec. 2014
Title:
Differences of Opinion and Stock Prices: Evidence from Spin-Offs and Mergers
Tara Bhandari
Category: Working Papers
Date: Dec. 2014
Title:
Making the Most of Good Times: Shareholder Rights and Performance Revisited
Tara Bhandari
Category: Working Papers
Date: Dec. 2014
Title:
Automated Liquidity Provision
Austin Gerig and David Michayluk
Category: Working Papers
Date: Dec. 2014
Title:
Liquidity Risk, Speculative Trade, and the Optimal Latency of Financial Markets
Daniel Fricke and Austin Gerig
See Latest Revision (1/21/15)
Abstract
Daniel Fricke and Austin Gerig
Category: Working Papers
Date: Dec. 2014
Title:
White Paper on Computing Tools for Promoting Sound Investment Decisions (Latest Revision)
K. Jeremy Ko
Category: White Papers
Date: Jan. 2015
Title:
High-Frequency Trading Synchronizes Prices in Financial Markets
Austin Gerig
Category: Working Papers
Date: Jan. 2015
Title:
Too Fast or Too Slow? Determining the Optimal Speed of Financial Markets
Daniel Fricke and Austin Gerig
Category: Working Papers
Date: Feb. 2015
Title:
Qualified Residential Mortgage: Background Data Analysis on Credit Risk Retention
Joshua White and Scott Bauguess
Category: White Papers
Date: April 2015
Title:
Single-Name Corporate Credit Default Swaps: Background Data Analysis on Voluntary Clearing Activity
Burt Porter
Category: White Papers
Date: May 2015
Title:
The Effects of Regulating Hidden Add-on Costs
K. Jeremy Ko and Jared Williams
Category: Working Papers
Date: July 2015
Title:
Public versus Private Provision of Governance: The Case of Proxy Access
Tara Bhandari , Peter Iliev, and Jonathan Kalodimos
Category: Working Papers
Date: Sept. 2015
Title:
Liquidity and Flows of U.S. Mutual Funds
Paul Hanouna, Jon Novak, Tim Riley, and Christof Stahel
Category: White Papers
Date: Oct. 2015
Title:
Capital Raising in the U.S.: An Analysis of the Market for Unregistered Securities Offerings, 2009-2014
Scott Bauguess, Rachita Gullapalli, and Vladimir Ivanov
Category: White Papers
Date: Dec. 2015
Title:
Use of Derivatives by Registered Investment Companies
Daniel Deli, Paul Hanouna, Christof W. Stahel, Yue Tang and William Yost
Category: White Papers
Date: Feb. 2016
Title:
The Determinants of ETF Trading Pauses on August 24th, 2015
Austin Gerig and Keegan Murphy
Category: White Papers
Date: Feb. 2016
Title:
Manipulation of Illiquid Asset Indexes
K. Jeremy Ko, Igor Kozhanov , and Sean Wilkoff
Category: Working Papers
Date: April 2016
Title:
Mutual Funds Apart From the Crowd
Nadia Vozlyublennaia and Youchang Wu
Category: Working Papers
Date: May 2016
Title:
Security Recommendations and the Liability of Broker-Dealers
Matthew L. Kozora
Category: Working Papers
Date: Aug. 2016
Title:
Issuance Activity and Interconnectedness in the CMBS Market
Diana Knyazeva, Charles Lin , and Jasmine Park
Category: White Papers
Date: Aug. 2016
Title:
A Pilot Survey of Agent Securities Lending Activity
Viktoria Baklanova, Cecilia Caglio, Frank Keane, Burt Porter
Category: White Papers
Date: Nov. 2016
Title:
Risk Adjustment and Haircut Schedules
Category: Studies and Reports
Date: Dec. 2016
Title:
Regulation A+: What Do We Know So Far?
Anzhela Knyazeva
Category: White Papers
Date: Dec. 2016
Title:
Outcomes of Investing in OTC Stocks
Joshua T. White
Category: White Papers
Date: Jan. 2017
Title:
Private Liquidity Funds: Characteristics and Risk Indicators
Daniel Hiltgen
Category: White Papers
Date: Feb. 2017
Title:
U.S. Securities-based Crowdfunding Under Title III of the JOBS Act
Vladimir Ivanov and Anzhela Knyazeva
Abstract
Review the report for offering activity in the Title III crowdfunding market initiated during May 16, 2016 - December 31, 2016.
Category: White Papers
Date: March 2017
Title:
“Limit Up-Limit Down” Pilot Plan and Associated Events
Claudia E. Moise and Paca Flaherty
Category: White Papers
Date: May 2017
Title:
Hedge Funds: Portfolio, Investor, and Financing Liquidity
George O. Aragon, Tolga Ergun, Mila Getmansky, and Giulio Girardi
Category: White Papers
Date: May 2017
Title:
Hedge Fund Liquidity Management
George O. Aragon, Tolga Ergun, Mila Getmansky, and Giulio Girardi
Category: Working Papers
Date: June 2017
Title:
Cash Management and Extreme Liquidity Demand of Mutual Funds
Category: Working Papers
Date: June 2017
Title:
Mutual Funds Apart From the Crowd
Nadia Vozlyublennaia and Youchang Wu
Category: Working Papers
Date: Aug. 2017
Title:
FINRA’s Pilot Program Amending Minimum Quotation Size Requirements for OTC Equity Securities(PDF)
Category: Studies and Reports
Date: Aug. 2017
Title:
Access to Capital and Market Liquidity(PDF)
Abstract
This report to Congress includes an examination of initial public offerings and crowdfunding by small companies.
Category: Studies and Reports
Date: Oct. 2017
Title:
Investor Confidence Note Oct2017(PDF)
Category: Economics Notes
Date: Nov. 2017
Title:
Did Social Interactions Fuel or Suppress the US Housing Bubble?
K. Jeremy Ko, Christo Pirinsky
Category: Working Papers
Date: Dec. 2017
Title:
Bats Market Close: Off-Exchange Closing Volume and Price Discovery(PDF)
Category: Studies and Reports
Date: Dec. 2017
Title:
DERA Memorandum regarding Cornerstone Analysis of Long-Lasting Straddle States(PDF)
Category: Studies and Reports
Date: Dec. 2017
Title:
DERA Memorandum regarding Cornerstone August 24 LULD Analysis (PDF)
Category: Studies and Reports
Date: Dec. 2017
Title:
“Limit Up-Limit Down” Pilot Plan and Extraordinary Transitory Volatility
Paul Hughes, John Ritter, and Hao Zhang
Category: White Papers
Date: Dec. 2017
Title:
The Effect of Amendment 10 of the “Limit Up-Limit Down” Pilot Plan
Paul Hughes
Category: White Papers
Date: Jan. 2018
Title:
DERA Memorandum regarding Cornerstone Analysis of the Option Penny Pilot Program(PDF)
Category: Studies and Reports
Date: Jan. 2018
Title:
Tick Size Pilot Plan and Market Quality
Edwin Hu , Paul Hughes , John Ritter , Patti Vegella , and Hao Zhang
Category: White Papers
Date: Feb. 2018
Title:
Intentional Access Delays, Market Quality, and Price Discovery: Evidence from IEX Becoming an Exchange
Edwin Hu
Category: Working Papers
Date: March 2018
Title:
The Financial Illiteracy and Overconfidence of Margin Traders
K. Jeremy Ko and Steven Rapkin
Category: White Papers
Date: July 2018
Title:
Pre-trade Information in the Municipal Bond Market
Louis Craig , Abby Kim , and Seung Won Woo
Category: White Papers
Date: Aug. 2018
Title:
Capital Raising in the U.S.: An Analysis of the Market for Unregistered Securities Offerings
Scott Bauguess Rachita Gullapalli Vladimir Ivanov
Category: White Papers
Date: Nov. 2018
Title:
Does the Tick Size Affect Stock Prices? Evidence from the Tick Size Pilot Announcement of the Test Groups and the Control Group
Salil Pachare and Ilia Rainer
Category: White Papers
Date: March 2019
Title:
Tick Size Pilot Plan Threshold Analysis
Edwin Hu, Paul Hughes, John Ritter, Patti Vegella, and Hao Zhang
Category: White Papers
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