Change triggered by persistent non-compliance
In Canada, short-selling activity is highest in the IT sector
Association seeking to overturn short selling legislation
NYSE Regulation Inc. announced today that it has censured and fined four firms for violations of new short-selling rules.The regulator reported that it has sanctioned Daiwa Securities America Inc., Goldman Sachs Execution & Clearing LP, Citigroup Global Markets Inc., and Credit Suisse Securities (USA) LLC for operational deficiencies and supervisory violations concerning their compliance with […]
Nine of its funds will engage in the activity, the company announces
But numerous conditions apply in order for funds to short up to 10% of net assets
The North American Securities Administrators Association Inc. today announced plans to host a public forum to explore possible market manipulation through naked short selling activity.Naked short selling refers to a stock transaction in which the seller agrees to sell shares of stock that he or she neither owns nor has borrowed in time to make […]
Regulation SHO now in effect