On 2 March 2022, Rulefinder alerted subscribers to a new temporary short selling ban in South Korean issuer WIMCO.
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Thailand – SEC Define Institutional Investor
On 28 February 2022, Thai SEC revised the definitions for institutional investors. Thai SEC revised the definitions used for large and extra large institutional investor. Investor Definition Revision provides investors with access to more diverse fundraising and investments. Definitions will include those investors who have the ability to analyze and take risks in complex or…
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U.S. – SEC Short Selling Reporting Changes Proposed
On 25 February 2022, SEC proposed to enhance short selling disclosure reporting. SEC proposed new SRT Rule 13f-2, and corresponding Form SHO, require institutional investment managers to report short sale and related information on a monthly basis. SEC would then make aggregate data about large short positions, including daily short sale activity data, available to…
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Sweden – FI Foreign Direct Investment Response
On 22 February 2022, SWE FI commented on inquiry consultation response. SWE FI commented on the final report of the foreign direct investment inquiry, which was published on 1 November 2021. Follows SWE FI May 2020 issued response to supplementary provisions. Summary SWE FI approves of the proposals made by the inquiry, but believes, however,…
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Poland – FSA Improper Disclosure Fine
On 15 February 2022, POL FSA announced final decision on fine re GetBack. POL FSA confirmed that on 11 February 2022, it issued a final decision, upholding decision of 16 December 2020 on imposition of fine on the former member of board of GetBack SA. Follows POL FSA September 2021 reported on fines for former…
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Norway – Europalov Short Selling Regulation
On 18 February 2022, Europalov announced EEA memorandum on reporting threshold for short selling of 17 February 2022. The regulation must be implemented in Norwegian law by incorporation, so provision is included in law or regulation that it applies as law or regulation, respectively. Its implementation will not have significant financial consequences for NORFSA. It…
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