FSA to extend short selling disclosure rules

The FSA is proposing to extend its current disclosure regime for the short selling of UK financial st...

The FSA is proposing to extend its current disclosure regime for the short selling of UK financial stocks as it continues to draw up longer-term rules. Current regulations, unveiled in January, dictate disclosures will only need to be made if a net short position exceeds 0.25% of a company's issued shared capital or increases by 0.1% bands above that (0.35%, 0.45% etc...