On 23 April 2025, AIMA issued new letter to new SEC chairman on priorities including short selling reporting reform. AIMA has written directly to SEC Chair Paul Atkins to congratulate him on confirmation as new Chair and to outline a series of targeted recommendations aimed at fostering efficient, well-functioning capital markets while promoting responsible innovation.…
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U.K. – FCA Updates Short Selling Guidance Page and Exempted Shares List
On 1 April 2025, UK FCA updated its short selling guidance page on notification and disclosure of net short positions to add the updated UK list of exempted shares valid from 1 April 2025. Follows completion of second stage of FCA's biannual review of exempted shares list. Updated list has been reviewed to include shares…
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U.K. – Treasury Issues Short Selling Regulations 2025
On 14 January 2025, UK Treasury issued the Short Selling Regulations 2025. UK Treasury issued The Short Selling Regulations 2025 (StIn 2025/29), providing for short selling of shares, other financial instruments, transactions similar to short selling. On same day, UK Treasury issued law and memo on UK FCA supervision. Purpose When the UK left the…
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Iceland – CB Short Selling Thresholds
On 8 November 2024, ICL CB reported regulation on short selling thresholds. ICL CB reported regulation (Reg 1235/2024) that changes threshold for reporting significant net short positions in equities that are admitted to trading on a venue. Follows EC July 2021, draft delegated act on notification threshold. Threshold Change Limit was 0.2%, but after change…
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E.U. – ESMA Short Selling Non-Listed Shares FAQ
On 17 September 2024, ESMA issued FAQ on determination of net short position. ESMA issued new FAQ concerning the Short Selling Regulation (SSR Reg 236/20212). Determination of Net Short Position Q: ESMA_QA_2282 Asks, when calculating net short positions in relation to issuers having both listed and non listed shares, should the issued share capital also…
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S Korea – FSC Issues Short Selling Reform Measures
On 13 June 2024, SK FSC, SK FSS launched short selling reform measures. SK FSC, SK FSS launched short sale reform measures to resolve illegal/unfair issues. SK FSC, FSS extended the short selling ban until 30 March 2025 same day. Follows SK FSS April 2024 issued measures re trade prevention system. Electronic Short Sale Processing…
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