Thinking | 22 January 2009
Covered Short Selling ban further explained
- covered short selling of financial securities will continue to be banned
- covered short selling of non-financial securities is unaffected and will still be permitted
- the daily reporting of gross short sales will continue as will the publication to the market of aggregate short sales by security the day after trading and
- ASIC requires strict compliance with the ban on naked short selling as outlined in RG196.
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