On 17 January 2025, SK FSS proposed revisions to improve short selling system. SK FSS proposed revisions to Detailed regulations on financial investment business. Follows SK FSC June 2024 launched short selling reform measures. Overview of Proposed Revisions Stipulate requirements that companies intending to engage in short selling must fulfill in terms of internal control […]
On 14 January 2025, UK Treasury issued the Short Selling Regulations 2025. UK Treasury issued The Short Selling Regulations 2025 (StIn 2025/29), providing for short selling of shares, other financial instruments, transactions similar to short selling. On same day, UK Treasury issued law and memo on UK FCA supervision. Purpose When the UK left the […]
On 9 January 2025, CIRO proposed amendments on mandatory close-outs. CIRO proposed rule amendments respecting mandatory close-out requirements. CSA OSC and CSA Que also published proposed amendments in respective Bulletins. Redline and clean versions of proposed amendments in Appendix 1 and Appendix 2. Follows related CIRO request for feedback on short selling framework. Proposed Amendments […]
SEC Fines for Non-Compliance with Short Selling Rule
On 6 January 2025, SK FSS announced launch of registration number issuance. SK FSS said it would start the issuance of a registration number for large-scale short selling companies from 7 January 2025, as part of the short selling computerization plan. Follows SK FSC June 2024 launched short sale reform measures. Also follows SK FSS […]
On 2 January 2025, UK FCA updated guidance page on notification and disclosure of net short selling to add the updated UK list of exempted shares valid from 1 January 2025. List has been reviewed to include shares admitted to trading on UK trading venues until 31 October 2024, list valid from 1 January 2025, […]