NEWS
ABA Notes SEC Failure to Provide Data to Support Need for Short Selling Restraints
In its September 30, 2009 comment letter to the Securities and Exchange Commission, the American Bar Association’s Business Law section reiterated its concerns that the regulator has failed to provide any data that would support the need for restraints on short selling.
“We write primarily to underscore a point made in our July Letter – that [...]
UK FSA Plans Tougher Short Selling Rules
Dow Jones reporter Margo Patrick writes (October 1, 2009) that “measures to bring more transparency to short selling in companies’ shares will be toughened, but the practice won’t be banned entirely, the U.K. Financial Services Authority said Thursday.
“The FSA said it was still working on plans to require disclosure – both public and private [...]
