News for hackers. Stuff that matters.

A comment on You Can Pay Credit Suisse Not to Work There. Parent comment

Re:You Can Pay Credit Suisse Not to Work There by mediaman on Friday May 29, 2020 @02:31PM (#23353739)
No, it is not illegal, nor is it market manipulation. Nor is it illegal to report positively on companies you're long on.

Everyone knows a hedge fund is talking its book. But that doesn't make its research or facts untrue.

Short sellers writing reports is an important part of the way securities reach more accurate prices.

[ Parent | on HN ]
Re:You Can Pay Credit Suisse Not to Work There by wrsh07 on Friday May 29, 2020 @03:23PM (#23354393)
This is implicit in your point, but it's a way to subsidize that research
[ Parent | on HN ]