On 2 May 2023, SK FSS issued a plan to eradicate illegal short selling. SK FSS said it will dispel investors’ distrust in short selling by expanding investigations on unfair short selling transactions, active inspection of malicious naked short selling. Follows SK FSC December 2020 updated passage of bill re illegal short selling. Measures Will […]
Short selling specialist Hindenburg Research has revealed it has taken out a wager against Carl Icahn’s Icahn Enterprises after alleging that the business has inflated the value of its investments and is running a “Ponzi-like economic structure” structure.
On 28 April 2023, SWI SBA updated on Credit Suisse takeover implications. SWI SBA updated on assessment of the implications of the Credit Suisse takeover. Follows SWI SBA March 2023 showed support for Credit Suisse takeover. Overview Takeover by UBS and measures taken by Swiss authorities were a drastic event for the Swiss financial center; […]
On 28 April 28, 2023, SEC reopened comment period to allow persons opportunity to comment on additional analysis, data contained in new staff memorandum published. Memo provided additional background, baseline data on Schedule 13D and 13G filings. Investigated effects on activism from proposed change to Schedule 13D filing deadline. Additional analysis of harms to certain […]
On 28 April 2023, Rulefinder provided alerts to new temporary short selling bans in S Korea. These short selling bans will be in effect on 1 May 2023.
Several news reports have indicated that various hedge funds have increased their short selling. London-headquartered hedge fund major Marshall Wace has established big short positions against several UK retailer; Citadel is betting against Deliveroo and has opened up a £27 million short position against the food delivery company, representing around 1.4% of the £1.9 billion […]