SSRN-Who Receives IPO Allocations? An Analysis of 'Regular' Investors by Ekkehart Boehmer, Raymond Fishe

SSRN-Who Receives IPO Allocations? An Analysis of 'Regular' Investors by Ekkehart Boehmer, Raymond FisheBoehmer and Fishe examine IPO participation. Consistent with previous literature, they find that there are regular (that is those who frequently participate) customers. These "regulars" are made up of both institutions and retail clients.These regulars do not get their favored status for free