On 12 December 2023, it was reported that three hedge fund associations have sued the SEC in an attempt to vacate two new rules aimed at boosting transparency of short selling. Claims from Associations: MFA, AIMA, and NAPF claim the SEC took conflicting stances with the rules. Allowing transaction reports to be aggregated to protect…
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About: Anna Monteiro
Recent Posts by Anna Monteiro
S Korea – FSC Violation of Shareholding Reporting Duty
On 7 December 2023, SK FSC proposed revisions re capital markets investigation. SK FSC proposed revisions to the Regulations on the capital markets investigation. Revisions Where a reporting duty such as on substantial shareholding is intentionally violated, resulting in material consequences, a penalty surcharge will be imposed in principle, as in the case of violating…
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Sweden – Nasdaq Nordic Updates Takeover Rules
On 6 December 2023 Nasdaq Nordic updated rules for Stockholm, Growth Market. Takeover rules for Nasdaq Stockholm and Nasdaq First North Growth Market Sweden. Takeover Rules Updated takeover rules for regulated markets and the takeover rules for certain trading platforms, administered by Swedish Stock Market Self-Regulation Committee. The takeover rules for regulated markets and the…
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S Korea – FSS – Corporate Disclosure Briefing
On 5 December 2023, SK FSS issued plan to hold corporate disclosure briefing. SK FSS issued a plan to hold briefing sessions on corporate disclosure. Aims to ensure that important corporate information is faithfully provided to the market by improving understanding of employees responsible for corporate disclosure. Briefing Sessions SK FSS has held briefing sessions…
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Malaysia – BML Updated Short Selling List of Securities
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.
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U.S. – MFA Recommends Reforms to EU Short Selling Regulations
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…
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