Rights issue process provides greater scope for what might amount to market abuse, UK regulator says
Rumor sparked heavy trading in Alliance Data Systems
Shorting limited raised to 20% of fund assets
Grants exemption from restrictions for securities that are also listed on U.S. exchanges
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