On 16 March 2020, ESMA issued decision on net short position holders. ESMA issued a decision temporarily requiring holders of net short positions in shares, traded on EU regulated market, to notify NCA if the position reaches or exceeds 0.1%. Lower 0.1% Notification 0.1% is calculated based on issued share capital, after entry into force…
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Temporary Short Selling Ban Effective Today
Rulefinder reports a temporary short selling ban effective today.
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Sweden – FI Odey Late Notification Fine
On 29 October 2019 SWE FI published Odey Asset Management LLP decision. SWE FI decision dated 24 October 2019 that Odey will pay a special fee of SEK 13,100. Relates to notification that a short net position in shares in JM AB had reached relevant thresholds for publication, failure to notify within the time limit…
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S Korea – FSC Short-Selling Violations
On 18 October 2019 SK FSC tightened regulation on short-selling violation. FSC introduced measure to strengthen regulations on violation of short-selling rules. Revisions The proposed revision establishes a new standard to impose penalties for illegal short-selling activities, raising the current imposition ratio by 5 to 15 percentage points. The government also established a regulatory basis…
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E.U. – ESMA Advice on Short-Selling
On 24 May 2019, EU ESMA updated list of market makers / authorized primary dealers who are using exemption included under the regulation on short selling.
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