The Australian Securities and Investments Commission has delayed the commencement of short seller obligations to lodge short position reports from 1 April 2010 to 1 June 2010. It has also rescheduled the commencement of ASIC obligations to publish aggregated short
The Committee of European Securities Regulators (CESR) has recommended the introduction of a pan-European disclosure regime for net short positions in shares. The recommendation was made by CESR in a report submitted to the European Institutions (Ref CESR.10/088) on Tuesday.
Representatives from the Financial Conduct Authority (FCA) provided guidance on the upcoming Annex IV reporting at a meeting sponsored by the Investment Management Association, the primary AIFM industry group in London. According to a regulatory briefing by ConceptOne, the FCA
The implementation of the Markets in Financial Instruments Directive is turning market surveillance, traditionally a cost centre, into a competitive edge, says capital markets research and advisory firm Tabb Group. According to research published by Tabb, spending by brokers and
The Managed Funds Association says it is disappointed that the Securities and Exchange Commission’s short selling restrictions are not supported by empirical data. It says most market observers agree that price declines and decreased investor confidence during the financial crisis
By Derek Adler, Director, International Financial Administration Ltd – Let me state at the outset that I am absolutely in favour and welcome good regulation, but am opposed to regulation just for the sake of it. It is quite clear
The International Organization of Securities Commissions’ Technical Committee has published details of an agreed template for the global collection of hedge fund information which it believes will assist in assessing possible systemic risks arising from the sector. The template was
The US Commodity Futures Trading Commission has issued an order filing and simultaneously settling charges against UBS for exceeding the New York Mercantile Exchange’s position limits on certain natural gas, heating oil and platinum futures contracts on more than one
Jersey is to host a high level conference organised jointly by the US Securities and Exchange Commission (SEC) and the Jersey Financial Services Commission. The purpose of the conference is to encourage international co-operation between securities authorities in order to
The National Futures Association’s (NFA) board of directors has approved a reduction in the assessment fees it levies on futures contracts and options on futures contracts traded on behalf of public customers from USD.02 to USD.01 per side. Assuming the
