Full disclosure of short positions may be required - Spear's Magazine

Full disclosure of short positions may be required

The FSA is considering extending the disclosure on short positions to all publicly traded UK firms, and has been consulting with selected companies to canvas their opinion.

The FSA is considering extending the disclosure on short positions to all publicly traded UK firms, and has been consulting with selected companies to canvas their opinion.

On Monday, the FSA announced the ban on shorting financial stocks would be lifted on 16 January, but new disclosure rules will now apply until at least June.

Under the new rules, companies must disclose short positions worth more than 0.25 percent of a company’s stock, and if the position then changes by more than 0.1 percent. The ban on shorting selected financial stocks was originally imposed in September.

For further details visit thewealthnet 

 



 

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