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FSA Publishes Feedback Statement on Short Selling Disclosure |
October 26, 2009
Previously published on October 2009
The UK Financial Services Authority (FSA) has recently published its Feedback Statement in response to its February 2009 Discussion Paper on the treatment of short selling. The FSA is not making any immediate changes to the disclosure regime covering net short positions in UK financial sector companies and companies undertaking a rights issue. However, the FSA intends to work towards agreement on future requirements at an international level rather than introducing a separate domestic regime. www.arnoldporter.com
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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