Canadian regulators looking for cost effective framework for regulating short sales
SIFMA unconvinced rule will benefit investors
Mutual fund managers say shorting gives them added flexibility, but, as one manager says, “You need the temperament for it”
Regulator seeks comment on alternative uptick rule
Measure designed to improve market transparency
The Financial Services Authority has indefinitely extended its disclosure regime for significant net short positions in financial sector stocks, the U.K. regulator said Friday.The new disclosure regime was due to expire on June 30. It requires disclosure if a net short position exceeds 0.25% of a company’s issued shared capital or increases by 0.1% bands […]
Regulators should also consider a timely reporting regime and an effective compliance and enforcement system for shorts selling
The UK’s Financial Services Authority is proposing to extend its short selling disclosure obligations for the foreseeable future.Last year the UK joined with other countries, including the U.S. and Canada, in adopting a short selling ban for certain financial sector stocks. The UK’s ban expired earlier this year (the U.S. and Canadian bans expired last […]
The U.S. Securities and Exchange Commission will hold a roundtable on May 5 to discuss whether short sale price test restrictions or short sale circuit breakers should be adopted, the regulator announced Friday.On April 8, the SEC voted to propose two approaches to restrictions on short selling — price test restrictions and circuit breakers. If […]
SEC seeks comments on short sale price test and circuit breaker restrictions