One embodiment of the present invention provides a system that avoids register read-after-write (RAW) hazards upon returning from a speculative-execution mode. This system operates within a processor with an in-order architecture, wherein the processor includes a short-latency scoreboard that delays issuance of instructions that depend upon uncompleted short-latency instructions. During operation, the system issues instructions for execution in program order during execution of a program in a normal-execution mode. Upon encountering a condition (a launch condition) during an instruction (a launch-point instruction), which causes the processor to enter the speculative-execution mode, the system generates a checkpoint that can subsequently be used to return execution of the program to the launch-point instruction, and commences execution in the speculative-execution mode. Upon encountering a condition that causes the processor to leave the speculative-execution mode and return to the launch-point instruction, the system uses the checkpoint to resume execution in the normal-execution mode from the launch-point instruction. In doing so, the system ensures that entries that were in the short-latency scoreboard prior to entering the speculative-execution mode, and which are not yet resolved, are accounted for in order to prevent register RAW hazard when resuming execution from the launch-point instruction.