Disclosing Longs and Shorts

http://www.futureofcapitalism.com/2011/12/disclosing-longs-and-shorts

The Wall Street Journal has an article on the front of its Money and Investing section reporting, "Fifty money managers have used Securities and Exchange Commission rules to keep confidential their stakes in certain companies so far this year." (The confidential treatment issue was covered earlier at FutureOfCapitalism here, here, and here.)

But so long as it's news that 50 money managers got confidential treatment on their long stakes, why not also mention that there's blanket confidential treatment when it comes to short positions. If there's any logic to requiring these snapshot public disclosures on a quarterly basis (a big "if" to begin with), wouldn't the reasoning apply as equally to short positions as to longs?

by Editor  |  Dec 8, 2011 at 10:08 am Related Topics:  Capital Markets Regulation, SEC, Warren Buffett receive the latest by email: subscribe to the free futureofcapitalism.com mailing list