On 4 December 2025, SWE Courts said Court of Appeal confirmed decision on objection and penalty fee, right to issue reprimand to Nordnet Bank, impose fee of SEK 100mn on it. Court of Appeal, like Administrative Court in Stockholm, finds Nordnet has obligations under current regulations it has not complied with, it has not checked […]
On 3 December 2025, SK FSS revised corporate disclosure preparation guideline. SK FSS revised the Guidelines for the preparation of corporate disclosure forms. Outline of Revisions Those engaged in short selling/entrusted short selling orders during the specified period are banned from acquiring convertible bonds (CBs)/bonds with warrant (BWs). Summary of securities registration statement/small-amount public offering […]
On 28 November 2025, UK FCA issued PMB 60 re UK short selling regime changes. FCA issued Primary Market Bulletin 60 which entirely focuses on consultation CP25/29 on proposed changes to the UK short selling regime, published in October 2025. Follows UK FCA October 2025 consultation on new short selling regime. Overview Consultation proposes changes […]
On 3 December 2025, the SEC issued an order granting temporary exemptive relief from compliance with short selling reporting rule 13f-2. rule is delayed until 2 January 2028 first short selling disclosure report using Form SHO to be required within 14 calendar days after the end of January 2028
On 26 November 2025, KRX proposed revising Market surveillance regulations. KRX proposed revising the Market surveillance regulations, to reduce the burden of duplicate inspections on members and improve the operational efficiency of systems. Outline of Proposed Revisions Member firms subject to naked short selling detection system (NSDS) balance reporting will be exempted from the obligation […]
On 14 November 2025, TAI FSC, TAI Justice finalized amendments to Standards governing eligibility of securities for margin purchase and short selling, effective immediately. Amendment Highlights The standards for margin purchase and short selling of OTC stocks will be relaxed to be consistent with listed stocks. Removing the requirements for years of establishment, paid-in capital, […]