Abstract

http://ssrn.com/abstract=261896
 
 

Citations (1)



 
 

Footnotes (22)



 


 



Some Policy Implications of Single-Stock Futures


Frank Partnoy


University of San Diego School of Law

2001

U San Diego Law & Econ Research Paper No. 10

Abstract:     
On Dec. 15, 2000, Congress approved the use of single-stock futures. This essay analyzes some of the policy issues related to that approval. In particular, I discuss (1) the benefits and costs of margin rules applicable to single-stock futures, (2) the amendments to the securities laws to cover single-stock futures in areas such as insider trading and market manipulation, and (3) some potential benefits associated with the use of single-stock futures to avoid restrictions on shorting stock (e.g., the elimination of so-called "parent-subsidiary" anomalies, as when 3Com was worth less than Palm even though 3Com owned 95 percent of Palm's stock).

Number of Pages in PDF File: 8

working papers series





Download This Paper

Date posted: February 28, 2001  

Suggested Citation

Partnoy, Frank, Some Policy Implications of Single-Stock Futures (2001). U San Diego Law & Econ Research Paper No. 10. Available at SSRN: http://ssrn.com/abstract=261896 or http://dx.doi.org/10.2139/ssrn.261896

Contact Information

Frank Partnoy (Contact Author)
University of San Diego School of Law ( email )
5998 Alcala Park
San Diego, CA 92110-2492
United States
619-260-2352 (Phone)
619-260-4180 (Fax)
Feedback to SSRN


Paper statistics
Abstract Views: 3,371
Downloads: 708
Download Rank: 19,597
Citations:  1
Footnotes:  22

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo2 in 0.328 seconds