SEC Issues Important New Reg SHO FAQs ConcerningJanet M. Angstadt
Securities and Exchange Commission (SEC) announced settled charges against an unregistered investment adviser to a hedge fund (Hedge Fund Adviser) and associated individuals for (i) causing broker-dealers with whom orders were placed to violate Regulation SHO (Reg SHO) and (ii) ...
SEC Passes Reg SHO Amendments
Regulation SHO, it adds, has not been enforced sufficiently that its loopholes allow for naked shorting. The SEC says that "unbridled short selling is contributing to the recent, sudden price declines in securities of financial institutions unrelatd to true price valuation."HINTZE...
Securities and Exchange Commission (SEC) voted to adopt final amendments to Rules 200 and 203 of Regulation SHO to better safeguard investors and protect the integrity of the markets during short selling transactions. The amendments will further lessen fails to deliver in certain equity securities by...
addition, the SEC found that in providing the inaccurate order-marking information, the Hedge Fund Adviser caused the hedge fund’s brokers to fail to borrow or locate shares prior to executing the sales in violation of Rule 203(b)(1) of Reg SHO....
addition, the SEC found that in providing the inaccurate order-marking information, the Hedge Fund Adviser caused the hedge fund’s brokers to fail to borrow or locate shares prior to executing the sales in violation of Rule 203(b)(1) of Reg SHO....
The article reports that the Securities and Exchange Commission (SEC) voted to take additional steps to better safeguard investors and protect the integrity of the markets during short selling transactions by closing loopholes in Regulation SHO and further reducing persistent failures to deliver stock ...
The article focuses on a release proposing amendments to Exchange Act Rule 10a-1 and Regulation SHO issued by the U.S. Securities and Exchange Commission. The proposed amendments would remove Rule 10a-1, as well as any short sale price test of any self-regulatory organization (SRO). In ...
Securities and Exchange Commission in 2006 proposing amendments to Exchange Act Rule 10a-1 and Regulation SHO. The proposed amendments would remove Rule 10a-1, as well as any short sale price test of any self-regulatory organization (SRO). Moreover, the proposed amendments would prohibit any ...