On 23 January 2026, the SEC published a consultation seeking comments by 24 March 2026 on the existing information collection requirements under Rule 201 and Rule 200(g) of the Securities Exchange Act of 1934, including the “short exempt” order marking requirement. Feedback is requested on whether the information collection is necessary for its regulatory functions,…
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Australia – ASIC Fines for Systematic Short Selling
On 14 May 2025, ASIC announced that it is suing Macquarie Securities (Australia) Limited (MSAL), alleging it misreported millions in short selling for over 14 years. alleges that between 11 December 2009 and 14 February 2024, MSAL failed to correctly report the volume of short sales by at least 73 million ASIC estimates this could…
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Canada – IIAC Short Selling Regulation
On 10 April 2025, CAN IIAC issued blog on US alignment to short sales. CAN IIAC issued blog on current short sales regulation in Canada and US alignment. Follows CIRO proposed amendments to align with SEC on close out. Short Sales Regulation Alignment Since move to T+1, no data in Canada to determine whether short…
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Sweden – FI Issues Short Selling Violations by Market Wizards BV
On 24 March 2025, SWE FI issued special fee for violations on short selling. Market Wizards BV received a penalty fee for violations of the short selling regulation. Case Overview SWE FI decided Market Wizards BV must pay a special fee of SEK 4,000,000 for having carried out short selling of shares even though short…
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S Korea – FSS Foreign Investment Business
On 4 November 2022, SK FSS proposed rules on registration, short selling disclosures. SK FSS proposed Detailed regulations of the regulations on financial investment business, to ease burden on foreign investment business submitting documents. Revise registration form; update existing form and introduce new form for fulfilling reporting obligation associated with lending transactions when reporting balance…
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Taiwan – FSC Tightens Short Selling Rules
On 30 September 2022, TAI FSC made amendments re daily short selling orders. TAI FSC issued an order stipulating requirements for the sale of borrowed securities. Follows TAI FSC June 2021 adjusted margin purchase/short selling. Rules Combined balance of security borrowing and lending (SBL) short sale volume and margin short sales shall not exceed 25%…
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