On 17 September 2024, ESMA issued FAQ on determination of net short position. ESMA issued new FAQ concerning the Short Selling Regulation (SSR Reg 236/20212). Determination of Net Short Position Q: ESMA_QA_2282 Asks, when calculating net short positions in relation to issuers having both listed and non listed shares, should the issued share capital also […]
U.S. Fines for Breach of Short Selling Rules
On 21 June 2024, Thai SET revised regulations (re: short selling) to enhance supervision. Thai SET revised regulations to enhance supervision, covering short selling, high-frequency trading (HFT), disclosure of investors with inappropriate trading behavior. Document dated 21 June 2024, received from Thai SEC 13 September 2024. Revisions Criteria for market capitalization increased; the average monthly […]
Hong Kong Fines for Fraud through Illegal Short Selling
On 12 September, the Hong Kong regulator, SFC set the trial date for 4 individuals who committed securities fraud through illegal short selling. Between 23 June 2020 and 9 September 2020, it is alleged that the four defendants deceived an account executive at CVP Securities Limited (CVP) on several occasions by falsely claiming ownership of […]
On 5 September 2024, 2024, TAI EXC amended Operating rules for securities business money lending by securities firms; provisions related to the lending for new share subscriptions by employees and original shareholders are amended. Also revised Operating rules for securities firms handling margin purchases and short selling of securities, the amendments aim to address issues […]