Andrew Left's Conviction Could Change The Rules For Every Market Commentator...But How?

Andrew Left's Conviction Could Change The Rules For Every Market Commentator...But How? Andrew Left's fraud conviction is sending shockwaves through the activist short-selling community, not simply because of the verdict itself, but because it has exposed deep uncertainty about what market commentators are legally allowed to do, according to the Financial Times. For years, activist short sellers operated in an area where investors would build positions, publish research or opinions about a stock, and trade around the market reaction. These practices were often viewed as part of the normal functioning of...