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 […]
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 […]
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 […]
On 11 July 2023, FINRA issued AWC on short interest position reporting. FINRA issued Letter of acceptance, waiver, and consent (AWC) to RBC Capital Markets LLC (RBC) for overreporting short positions and supervisory system failures. Allegations Between December 2018 – April 2021 RBC violated FINRA Rule 4560, FINRA Rule 2010 by overreporting shares associated with […]
On 27 October 2022, FINRA provided FAQs about short selling reporting. FINRA issued FAQs on short selling reporting requirements under FINRA Rule 4560. FAQs pertains to the reporting to FINRA of short positions in OTC Equity securities, as defined in FINRA Rule 6420, and securities listed on a national securities exchange. Short Interest Reporting Specified […]
On 12 October 2022, FINRA reported short position reporting, supervisory failures. FINRA issued letter of acceptance, waiver and consent (AWC) with Scotia Capital (USA) Inc. re short position reporting requirements and supervision violations. Alleged Violations Between July 2012 and June 2019, Scotia erroneously included non-reportable short positions reflected in two omnibus accounts in the firm’s […]