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Naked short selling relief


02 May 2011 Canberra
Reporter: Justin Lawson

The Australian Âé¶¹´«Ã½ and Investments Commission (ASIC) has made a minor amendment to ASIC Class Order [CO 09/774] Naked short selling relief for market makers ([CO 09/774]), which allows licensed market makers to short sell securities in the....
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Study: EU ineffective


01 February 2011 London
Reporter: steven Lafferty

Independent Study: An EU proposal for the public disclosure of the net short positions of individual managers risks distorting financial markets and is not effective
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AIMA responds to ESMA consultation on AIFMD


17 January 2011 London
Reporter: Steven Lafferty

The Alternative Investment Management Association (AIMA), has called for the implemented form of the Alternative Investment Fund Managers Directive (AIFMD) to be flexible, proportionate and based on the principles of openness and transparency.
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Pakistan plans settlement automation


15 December 2010 Karachi
Reporter: Justin Lawson

The Âé¶¹´«Ã½ and Exchange Commission of Pakistan (SECP) has approved the project of ‘Automation of Âé¶¹´«Ã½ Settlement’, at the Central Depository Company of Pakistan Limited (CDC), which will be effective on December 20.
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EU wants tougher short selling rules


03 December 2010 Brussels
Reporter: Ben Wilkie

The European Union has published a draft law that is set to clamp down further on short selling and credit default swaps...
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The new ICMA region


10 November 2010 Moscow
Reporter: Justin Lawson

The International Capital Market Association (ICMA) elevates Russia and the CIS states to form a new ICMA region
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Coastal Pacific Mining added to naked short list


04 November 2010 Calgary
Reporter: Justin Lawson

Coastal Pacific Mining Corp. (OTCBB: CPMCF) ("Coastal Pacific" or the "Company"), announced today that BUYINS.NET, reported that Coastal Pacific Mining has been added to the Threshold Security Lists (aka "Naked Short List").
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RMA warns SEC against proxy voting changes


03 November 2010 New York
Reporter: Ben Wilkie

The Risk Management Association's (RMA) Committee on Âé¶¹´«Ã½ Lending has called on the Âé¶¹´«Ã½ and Exchange Commission to support further study of "empty voting" before making changes to the proxy voting system...
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Former trader jailed


01 November 2010 New York
Reporter: Ben Wilkie

A former trader who worked at Morgan Stanley and Bank of America has been jailed for conspiring to place business with certain brokerages in return for kickbacks.
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EU Council of Ministers Reaches Agreement on AIFM Directive


25 October 2010 London
Reporter: Justin Lawson

The European Union Council of Ministers announced that agreement had been reached at its ECOFIN meeting on a compromise text of the proposed Alternative Investment Fund Managers Directive (AIFMD).
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Basel III the missed opportunities


04 October 2010 Toronto
Reporter: Justin Lawson

Algorithmics publishes the first comprehensive assessment of all the elements of Basel III, and finds them lacking in their conceptual approach to capital and liquidity.