“U.S. hedge funds should anticipate heightened regulatory scrutiny and enforcement risk in France. ” – by Freshfields
Short
MW is Short Burford Capital Ltd (Muddy Waters Research)
“We are short BUR. For years, it was the ultimate “trust me” stock. Thanks to a light disclosure regime, the esoteric nature of its business, and unethical behavior by its largest shareholder, Invesco, it turned Enron-esque mark-to-model accounting into the biggest stock promotion on the AIM.” – Muddy Waters Research