Overview
In CP10/11: Implementing aspects of the Financial Services Act 2010, the FSA has issued its proposals as to how it will exercise its new statutory powers to make short selling rules under the Financial Services Act 2010.
In substance, very little will change – and in one respect things will even get better.
However, the proposals are avowedly temporary in nature – the FSA says that it expects its rules to be superseded once a European short selling regime has been finalized.
Click “view briefing” to read about key points in the FSA’s proposals.
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