Resources

# Blog

Our experts frequently write blog posts about the findings of the research we are conducting.

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Displaying 10 out of 34 results

Regulation D Offerings Summary Statistics1

## In installments, we are going to publish our analysis of the market for Reg D securities. This first installment reports summary statistics based on our review of all Form D reports filed with the SEC from January 1, 2009 through July 31, 2022. We present the number, dollar amount raised and other characteristics of the securities offered under Reg D in aggregate and broken out by issuer's industry and year of sale. Future installments will (1) report summary statistics for broker-sold...

How Widespread and Predictable is Stock Broker Misconduct?

## In this paper we reconcile widely diverging recent estimates of broker misconduct. Qureshi and Sokobin report that 1.3% of current and past brokers are associated with awards or settlements in excess of a threshold amount. Egan, Matvos, and Seru find that 7.8% of current and former brokers have financial misconduct disclosures including customer complaints, awards, and settlements.You can download our research paper, "How Widespread and Predictable is Stock Broker Misconduct?". We...

Securities-Based Lending

Research Roundup

## For the more academically-inclined reader, here is a brief rundown of recent academic papers we have found interesting. As these are written by others, we do not necessarily agree with or stand by all of their points, so caveat emptor.Trading Volatility: At What Cost?: The inventor of the original VIX, Robert Whaley, weighs in on volatility exchange-traded products, which he says are "virtually guaranteed to lose money through time." See also ourpapers on the subject.Lapse-Based Insurance:...

SLCG Research: Structured Product Indexes