News & publications

The recently-reported market abuse case concerning David Einhorn and his hedge fund, Greenlight Capital generated much publicity and debate, particularly amongst buy-side institutions. Last week, the focus shifted to the role of the (sell-side) broker in the now infamous "Punch Call", with the publication of the Final Notice for Andrew Osborne.  As discussed in the attached eBulletin, the Osborne case raises a number of interesting practical issues upon which sell-side institutions may well wish to reflect.