Tag Archives: short sale disclosure

U.S – SEC Short Selling Disclosure Reporting

On 16 March 2022, the SEC issued proposal in federal register, comments by 26 April 2022. Background: On 25 February 2022, the SEC proposed to enhance short selling disclosure reporting.   Proposed Rule 13f-2 and Proposed Form SHO Rule 13f-2 designed to provide greater transparency via publication of short selling data. By requiring manager to…
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Hong Kong – SFC Fines for Inaccurate Short Selling Disclosure

On 22 February 2021, HK SFC fined Brilliance Asset Management Ltd $3.15mn. HK SFC fined Brilliance Asset Management Limited $3.15mn for failures to ensure short position reports (SPRs) for 4 collective investment schemes (CIS) were accurate. Also failed to ensure the schemes under its management complied with requirements under securities and futures (short position reporting)…
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