On 15 October 2023, SK FSS issued a plan re illegal short selling by global IBs. SK FSS announced investigation results re illegal short selling by two global investment banks (IBs) as well as its future plan to prevent reoccurrence. Investigation Results Found that two Hong Kong-based global IBs providing prime brokerage services have conducted…
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U.S. SEC Adopts Short Selling Reporting Rule 13f-2
On 13 October 2023, following an open meeting, the SEC confirmed in a press release, the adoption of new rules to enhance short selling disclosures namely: Rule 13f-2 requiring institutional investment managers that meet certain reporting thresholds to report on Form SHO short positions and short activity data for equity securities. Certain of this data will…
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U.S. SEC Adopts Short Selling Reporting Rule 13f-2
In a vote of 3-2, the SEC adopted new rule 13f-2 and related Form SHO to provide greater transparency of short selling data from which is in response to Section 929X, Read the full article.
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Rulefinder Alerts to New Temporary Short Selling Bans
On 15 October 2023, Rulefinder alerts reported new temporary short selling bans in S Korea issuers. Effective: Short selling bans will be effective for one trading day on 16 October 2023.
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Thailand – TCH Draft Regulations on Short Selling
On 6 October 2023, Thai TCH drafted short selling and trading securities rules. Thai TCH drafted regulations on short selling on the stock exchange and trading securities with cash to increase investment options and strengthen supervision. Follows Thai SET March 2020, issued adjusted short selling regulations. Increasing Investor Confidence Common stocks that are the reference…
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U.K. – FCA Short Selling Sterling
On 3 October 2023, UK FCA updated sterling rate in short selling guidance. FCA updated its short-selling guidance page to update sterling price for calculation. Follows FCA October 2021 updated sterling price in short selling guidance. Background UK Short Selling Regulation (UK SSR) gives FCA powers to prohibit or restrict short selling, limit transactions when…
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