• Corpus ID: 153907719

Evidence of market manipulation in the financial crisis

  title={Evidence of market manipulation in the financial crisis},
  author={Vedant Misra and Marco Lagi and Yaneer Bar-Yam},
  journal={arXiv: General Finance},
We provide direct evidence of market manipulation at the beginning of the financial crisis in November 2007. The type of manipulation, a "bear raid," would have been prevented by a regulation that was repealed by the Securities and Exchange Commission in July 2007. The regulation, the uptick rule, was designed to prevent manipulation and promote stability and was in force from 1938 as a key part of the government response to the 1929 market crash and its aftermath. On November 1, 2007… 

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