FSA’s Short Selling Disclosure Regime
Published on:
July 31, 2008
Issue:
Committee:
SIFMA and the London Investment Banking Association (LIBA) provide comments to the Financial Services Authority (FSA) on the FSA’s short selling disclosure regime, launched on June 20, 2008. The new disclosure regime applies to holders of short positions in companies undertaking rights issues. SIFMA and LIBA are concerned about the scope of the regime, the companies covered by the regime, and the international context of the reporting deadline. SIFMA and LIBA ask to meet with the FSA to discuss possible solutions.