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Short Sellers Squeezed All Around

 

Peter Chepucavage of Plexus Consulting Group was quoted in the Wall Street Journal. Full text of the article can be found here: http://online.wsj.com/article/SB123906125118595065.html.

Article Excerpt:

Peter Chepucavage, a former counsel at the SEC who helped draft Regulation SHO, said the initial weakness of the rule and the years it took the SEC to stiffen it can be traced to the lobbying efforts of hedge funds and Wall Street.

Brokerage firms "have made huge amounts of money" facilitating short selling, said Mr. Chepucavage, general counsel for Plexus Consulting Group, a Washington firm that advises nonprofit firms and broker-dealers. "They want and have argued strenuously for flexibility."


About Plexus Consulting Group, LLC

Plexus Consulting Group is a management-consulting firm that provides marketing, management, and strategic planning services to association, for-profit, and governmental entities in North America, Europe, Latin America, and Asia. Plexus’s network of affiliate offices covers all these markets. The firm is headed by Steven Worth-a 25-year consulting veteran whose former professional titles include: Director of International Public Affairs and Communications, Deloitte, Touche, Tohmatsu; Managing Director of Hill and Knowlton Brussels, and Press Liaison for the U.S. Senate Majority Leader's office.

For more information, contact:
Steven M. Worth
President
Plexus Consulting Group
Telephone: 1-202-785-8940
E-Mail: steve_worth@plexusconsulting.com
www.plexusconsulting.com


 
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