Friday July 6 2018

News Source: Global Disclosures

Focus: Short Selling

Type: General

Country: Canada




The Investment Industry Regulatory Organisation of Canada (IIROC) have updated the Short Position Calculation and Reporting User Guide, first issued on 22 June 2018.

The Guide expands upon the technical details on the calculation and filing of short position reports, outlined in Technical Notice 18-0062.

The following updates were made to the Guide:

  • 3.1 Process Schedule: Replaced example using June 30, 2018 as report date
  • 5.2 Securities List:
    • added server location for IIROC securities file
    • changed “the securities list must be in csv format” to “The securities list is in csv format”
    • added csv example Changed “CSPR portal” to “SFTP server” throughout document

Reporting Parties are required to calculate and file a report of the short positions in each listed and quoted security as of the 15th day and the last day of each month (report date or T) in the format required by IIROC in this Guide.

As of November 30, 2018, Reporting Parties must file a short position report with IIROC within 2 trading days following the report date.

Click on the link above for further information.