Monday, 26 January 2015
Last updated 40 min ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…