Tag Archives: short sales

Sweden – FI Fines for Late Short Selling Reporting

On 28 June 2021, SWE FI fined Squarepoint SEK 2mn for late short selling reporting. Squarepoint Ops LLC receives a fee for late short registration in 20 different issuers. Its short net positions in shares in 20 different issuers on 138 occasions reached or fell below relevant thresholds for reporting; for which it must pay…
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U.S. – Arca Fine Clearpool Reg SHO

On 4 June 2021, NYSE Arca Clearpool Execution LLC violations consent. Clearpool Execution Services LLC to pay $300k fine ($105k to NYSE Arca), for violating Rule 203(b) Reg SHO, 17 CFR 242.203 doing short sales without borrowing securities. Also without having reasonable belief that could borrow needed securities for delivery. Acceptance and Consent Without admit…
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Norway – FSA Short Sales Market Mapping

On 23 March 2021, NORFSA reported on Norwegian stock market mapping. Report on Norwegian short selling activity stock market development trends 2019-20. To help prevent market abuse, aid intervention in serious threat to financial stability. Provides short positions data insights from register at aggregate level, includes below 0.5%; these are large proportion of total reported…
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Denmark – FSA Halts Net Short .1% Threshold

On 17 March 2021, DEN FSA reported net short position holders decision end. DEN FSA noted ESMA's temporary decision on the threshold for notifying short positions expires 19 March 2021, as GDP forecasts show some optimism for recovery. Follows ESMA March 2021 ended decision on holders of net short positions. Net Short Position Threshold Decision…
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Iceland – CB Cancels Net Short Position Threshold

On 15 March 2021, ICL CB reported end of net short position holders decision. ICL CB noted EFTASA's temporary decision on the threshold for notifying short positions expires 19 March 2021, as GDP forecasts show some optimism for recovery. Follows ESMA March 2021 ended decision on holders of net short positions. And follows EFTASA March…
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EFTASA Puts End to .1% Net Short Reporting Requirement

On 15 March 2021, EFTASA said it will not renew decision requiring disclosure of net short positions of 0.1% and over, thus the decision will will expire on 19 March 2021. Announcement, in coordination with ESMA, means reporting threshold for net short positions will revert to 0.2% of the issued share capital of companies whose…
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