On 5 June 2025, SIFMA issued letter urging short selling reporting extension. SIFMA issued letter to the SEC to request an extension of the compliance date for certain obligations of broker-dealers reporting to the Consolidated audit trail (CAT). Follows February 2025 SEC temporary exemption from short selling report. Document dated 5 June 2025, received from […]
On 5 June 2025, the Ontario Securities Commission (OSC) released proposed amendments to Ontario Securities Commission Rule 48-501 (Rule 48-501) and consequential changes to the Companion Policy to Rule 48-501 (48-501CP) for a 90 day comment period. proposed amendments prohibit any person or company who made a short sale of a security prior to pricing […]
On 26 May 2025, TAI FSC, TAI Justice stipulated rules under Securities and exchange act, Standards governing eligibility of securities for margin purchase and short selling. In addition, TAI FSC stipulated rules for the amount limits, periods, financing ratios, and margin percentages for margin purchases and short selling in securities trading. Following reversion of intraday […]
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. […]
On 10 April 2025, NORFSA published decision re short sale fine NOK 3,5 mn. NORFSA issued dec imposing a NOK 3,5 mn fine on Algorithmic Trading Group (ATG). Main Points Fine re ATG’s sale of shares in 2024 in EAM Solar AS, listed at Euronext Expand. NORFSA found violations of Reg 236/2012 on short selling, […]
On 7 April 2025, TAI FSC made amendments re intraday short sale orders. TAI FSC, TAI Justice issued orders for stipulating rules re para 2 of art 18, subpara 3 of para 1 of art 60, subpara 11 of para 1 of art 138 of Securities and exchange act, art 6 of Standards governing eligibility […]