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…
Read more
U.S. SEC Adopts Short Selling Reporting Rule 13f-2
On 13 October 2023, following an open meeting, the SEC confirmed in a press release, the adoption of new rules to enhance short selling disclosures namely: Rule 13f-2 requiring institutional investment managers that meet certain reporting thresholds to report on Form SHO short positions and short activity data for equity securities. Certain of this data will…
Read more
U.S. – CBOE BYX Position Change Priority
On 6 February 2023, Cboe BYX proposed to amend priority for position changes. Cboe BYX, EDGA, BZX, EDGX proposed to amend time priority for position changes. Provisions specified that certain changes in position will result in a loss of time priority. Proposal is substantially similar to MIAX timestamp short sell amendments. Rule Provisions Orders may…
Read more
Israel – TASE Guidelines on Short Selling
On 9 August 2022, ISR TASE proposed further revisions to short selling rules given late comments. TASE board of directors chairman has approved, to be submitted to board of directors. In case of a short position created by error, TASE member would be required to report position to TASE every day from 3rd trading day…
Read more
U.S. – SEC Short Selling Reporting Changes Proposed
On 25 February 2022, SEC proposed to enhance short selling disclosure reporting. SEC proposed new SRT Rule 13f-2, and corresponding Form SHO, require institutional investment managers to report short sale and related information on a monthly basis. SEC would then make aggregate data about large short positions, including daily short sale activity data, available to…
Read more
FINRA – Extends Short Sale Reporting Comment Period
On 4 August 2021, FINRA requested extended comment period on short sale reporting changes. FINRA issued Regulatory Notice 21-19: FINRA requests comment on short interest position reporting enhancements and other changes related to short sale reporting. Short Sale Reporting Proposal Modifications proposed to FINRA short interest reporting requirements, to consolidate publication of short interest data…
Read more