On 20 March 2026, HK SFC announced that an application by the Department of Justice to transfer the securities fraud case to the District Court for criminal proceedings was granted. This marks the first time in which a criminal prosecution for securities fraud involving illegal short selling will be held in the District Court. Bail…
Read more
Turkey – CMB Extending Prohibition on Short Selling
On 15 March 2026, TUR CMB issued bulletin 2026/15 extending previously implemented market measures; short selling transactions in the equity markets of TUR EXC continue to be prohibited until the end of the trading session on 27 March 2026.
Read more
Egypt – FRA Approves Short Selling Rules
On 9 March 2026, EGY FRA issued a press release concerning resolution 365 of 2026. The Financial Supervisory Authority (EFSA) has issued a regulatory decision to practice securities borrowing operations for the purpose of selling (Short Siling), to enhance the efficiency of the market and raise levels of liquidity and depth, in order to support…
Read more
Turkey – CMB Short Selling Prohibition
On 1 March 2026, TUR CMB issued new bulletin on decisions by the board. TUR CMB issued bulletin 2026/11, Dec 11/417 concerning certain measures that have been taken to limit potential effects of geopolitical tensions and conflicts. Overview Taking into account developments occurring in TUR EXC markets and within framework of art 1 Capital Markets…
Read more
U.S. – SEC Holding Foreign Insiders Accountable
On 27 February 2026, SEC adopted rule on holding foreign insiders accountable. SEC adopted final amendments to its rules and forms to reflect the disclosure requirements of recently enacted Holding foreign insiders accountable act (HFIA Act). Also published fact sheet on final rule, Chairman Atkins and Uyeda statements. Follows Senate enactment of S.1071, which included…
Read more
Egypt – FRA Issued Rules on Securities Lending Operations
On 24 February 2026, EGY FRA issued rules on securities lending operations EGY FRA issued Resolution 365 of 2026 regulating securities lending operations for the purpose of short selling. Overview Establishes a comprehensive framework governing centralized securities lending through Misr for Central Clearing, Depository and Registry (MCDR). Defines key participants, borrowing client, lending client, brokerage…
Read more
