Japan Bans Naked Shorts

Oct 27 2008 | 9:41am ET

Japan is joining the ranks of countries restricting short sales with a temporary ban on naked short-selling.

The ban is set to take effect on Nov. 4 and will run through March 31, the Japanese Financial Services Agency said.

Like other short-selling bans and restrictions in other jurisdictions, the FSA is also imposing new disclosure requirements. All investors with short positions in excess of 0.25% in a stock have to report their position to brokerage firms.

The moves follow an Oct. 14 rule requiring exchanges to disclose more information about short-selling.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of