Monday July 27 2015

News Source: Global Disclosures

Focus: Short Selling

Type: General

Country: Chile




The Board of the Santiago Stock Exchange has announced that it will  amend short selling regulations.

Included in the modifications are the following:

  • Modification of the uptick rule
  • Extending the list of eligible securities for short selling
  • Changing the methodology for calculating collateral requirements, implementing the value at risk methodology (VaR).

Currently the regulations are in draft format and there is no timeframe indicated for their finalisation.

Click on the link above for further details (only in Spanish).