Volume 74, Issue 5
Symposium on the Regulation of Secondary Trading Markets: Program Trading, Volatility, Portfolio Insurance, and the Role of Specialists and Market Makers
Articles
Restrictions on Short Sales: An Analysis of the Uptick Rule and Its Role in View of the October 1987 Stack Market Crash
Jonathan R. Macey, Mark Mitchell, and Jeffry Netter
Comment on Macey Mitchell and Netter
Michael J. Barclay
Economic Analysis of the Brady Report: Public Interest Special Interest or Rent Extraction
David D. Haddock
Politics of the Brady Report: A Comment
Roberta Romano
Harmonizing Margins: The Regulation of Margin Levels in Stock Index Futures Markets
Dean Furbush and Annette Poulsen
Current Excuses for Regulating Futures Transactions: Avoiding the E-Word
Fred S. McChesney
Efficient Capital Markets the Crash and the Fraud on the Market Theory
Daniel R. Fischel
Fraud on the Market Theory: Some Preliminary Issues
Jonathan R. Macey
Dangers of Regulatory Overreaction to the October 1987 Crash
Lawrence Harris
Comment on the Harris Paper
Dale Oesterle
Comment on the Harris Paper
Kenneth M. Lehn
Market Volatility: Causes and Consequences
Clifford W. Smith Jr.
Note
Fraud-on-the-Market Theory After Basic Inc. v. Levinson
Zachary Shulman