It is unclear what the upside to the company is in doing this, but via Dealbreaker we see what appears to be the first company to say “no thanks” to the SEC’s “no shorting” protection:
NASDAQ issuer Diamond Hill Investment Group, Inc. (DHIL) has voluntarily opted-out of NASDAQ’s list of Covered Securities under the SEC’s Emergency Order. Diamond Hill Investment Group, Inc. will not be subject to the restrictions of the Emergency Order.
Read the announcement on NASDAQTrader.com
