30 Sep 2008

Diamond Hill CEO Explains Why He Wanted Off the SEC’s No-Short List

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So far as I know, only Diamond Hill and JMP Investments have asked to be taken off the SEC’s list. I wonder if there is behind-the-scenes pressure for other firms not to follow suit, because it seems like free advertising for firms with relatively clean balance sheets. Either that, or the other 800+ firms on the list really are in trouble.

In any event, here is Diamond Hill’s CEO explaining his decision.

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