On 1 December 2023, MLY BML updated the short selling approved securities list to include 33 new approved securities and removed five existing approved securities from the list. The updated short selling list of approved securities will be effective from 15 December 2023.
On 4 December 2023, in an open letter to the European Commission (EC), the Managed Fund Association(MFA) recommended targeted reforms to the EU short selling regulation. Open letter is in response to EC’s call of evidence on short selling regulation Short selling is an essential tool that improves market efficiency, helps uncover corporate fraud, and […]
On 29 November 2o23, SWI DP issued mediation decisions on access to takeover data. SWI DP published recommendations following takeover of Credit Suisse (CS) by UBS. Main Points Following the takeover of Credit Suisse by UBS, several applications for access to information were submitted under the Freedom of Information Act that were refused. By invoking […]
On 28 November 2023, UK FCA issued an update on recent UK Treasury activity re short selling regulations 2023 and 2024, response on sovereign debt/credit default swaps. Following its Short Selling Regulation Review call for evidence, UK Treasury laid statutory instrument which increases notification threshold for reporting of net short positions to FCA from 0.1% […]
UK Treasury Short-selling (notification threshold) regulations 2023 (StIn 2023/1258). Follows UK Treasury Dec. 2022 call for evidence on short selling rules. Also follows UK FCA Nov. 2023 update on the short selling regulations. Amends onshored SSR, increasing the notification threshold for the reporting of net short positions to the UK FCA from 0.1% to 0.2% […]
On 30 November 2023, Solutions Atlantic released system and rule updates to RRS to meet the updated reporting obligations for US SEC Schedule 13D and 13G filers and the new short selling rule 13f-2.Read the full article.