EUROPEAN UNION: AIMA – Review of ESMAs Updated Short Selling Regulatory Q&A

Tuesday February 6 2018

On 6^th February 2018, the Alternative Investment Management Association (AIMA) posted a brief article summarising an update to the ESMA Short Selling Regulation Q&A; specifically, with regard to clarification from ESMA that rights to subscribe for new shares cannot be used to cover a short sale, where there is uncertainty that settlement will be available with the required period.

Click on the link above for this article.