Tag Archives: short selling

S Korea – FSS Uncover Illegal Short Selling

On 14 January 2024, SK FSS said that it has identified violations against short selling regulations by two global IBs during investigations on top 10 global IBs, found to have submitted non-leveraged short selling orders worth KRW 54bn for total of five stocks. SK FSS will promptly initiate the procedure for disciplinary actions against the…
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Canada – CIRO Proposed Amendments to Short Selling Framework

On 11 January 204,  the Canadian Investment Regulatory Organization (CIRO) issued a proposal to support and clarify the short selling framework under UMIR by: adding a new positive requirement in UMIR 3.3 to have prior to order entry, a reasonable expectation to settle on settlement date any order that upon execution would be short selling…
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India – SEBI Introduces Short Selling Framework

On 5 January 2024, IND SEBI introduced short selling framework for securities. IND SEBI introduced comprehensive framework for short selling in securities market. Master circular dated 16 October 2023, contains framework on Short selling and securities lending and borrowing scheme; current circular outlines the short-selling framework. Follows IND SEBI October 2023 issued master circular for…
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S Korea – FSC Decision to Ban Short Selling

On 3 January 2024, SK FSC issued details of decision to ban short selling. SK FSC issued minutes of 5 November 2023 meeting to ban short selling, details of the ban. Covers relevant markets, period, laws and regulations, transactions that are exempt. Follows FSC, FSS November 2023 banned short selling until end-Jun. 2024.
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S Korea – FSC Public Fund Competitiveness RE: Short Selling

On 3 January 2024, SK FSC planned to improve public fund competitiveness. SK FSC, SK FSS issued press release saying they are planning to improve the competitiveness of publicly offered funds, with focus on 9 specific areas to reduce transaction costs, enhance product marketability, improve transaction convenience. Summary Institutional improvements involve increasing credibility, accountability for…
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