On Oct. 12, HK SFC fined ARCM HKD 1.75mn for disclosure breaches. HK SFC reprimanded and fined Asia Research & Capital Management Limited (ARCM). Fined HKD 1.75mn for failures relating to its non-compliance with the EU’s short-selling reporting requirements and for not promptly notify HK SFC of breaches. HK SFC also banned former senior executive…
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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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