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: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...