SEC Extends Compliance Deadline for Short Selling Rule 13f-2 – What It Means for You On 7th February, 2025, the U.S. Securities and Exchange Commission (SEC) announced a one-year extension for the compliance date of Rule 13f-2 and Form SHO reporting. This means the first Form SHO filings are now due by 17th February, 2026,…
Revised Guidelines for China Disclosure Rules Under Articles 13 & 14 of the Takeover Measures To ensure the correct understanding and application of Articles 13 and 14 of the ‘Administrative Measures for the Acquisition of Listed Companies,’ the China Securities Regulatory Commission (CSRC) has introduced new guidelines. On 5th January 2024, the CSRC drafted the…
UK Short Selling Regulation 2025: A New Era The regulatory landscape of short selling in the UK has been on a dynamic journey. Initially, the UK’s own short selling regime set the stage. Then, in 2012, the introduction of the Short Selling Regulation (EU) No 236/2012 (SSR) harmonised the UK’s approach with that of other…
On September 25, 2024, the Securities and Exchange Commission (SEC) announced settled charges against 23 entities and individuals for failing to timely report their holdings and transactions in public company stocks. This enforcement action, focused on Schedules 13D, 13G, and Forms 3, 4, and 5, underscores the SEC’s commitment to enforcing shareholder disclosure rules and maintaining transparency in financial markets.
Among the entities penalised are some of the largest and most recognisable names in the corporate world, including Alphabet and Goldman Sachs. The total fines levied amount to more than $3.8 million.
As of September 12th, 2024, the Financial Supervision Commission (FSC) in Bulgaria has introduced important updates to the Significant Shareholding Notification Form (as per Article 145). This form is a legal requirement for shareholders who cross specific thresholds – 5% or multiples of 5% – of voting rights in publicly traded companies on regulated markets.
These recent changes reflect the FSC’s ongoing efforts to streamline reporting processes and ensure greater clarity and transparency for market participants. Let’s break down the key updates and explore how they affect shareholders.
In an effort to align with international standards and enhance transparency within the market, the Financial Services Authority of Indonesia (Otoritas Jasa Keuangan, or OJK) has introduced a significant update to the ownership reporting requirements for public companies. On 28th February, 2024, the OJK issued Regulation Number 4 of 2024 (POJK.4/2024), replacing the previous Regulation…
The Securities and Exchange Commission (SEC) is ushering in a new era of transparency with the introduction of Rule 13f-2, a significant amendment to the Securities Exchange Act of 1934. Effective from 2nd January, 2025, this rule is set to enhance the visibility of short selling activities by requiring institutional investment managers to report detailed…
On 21 December 2021, the Irish Takeover Panel released a public consultation paper seeking comments on proposed amendments to the Irish Takeover Panel Act 1997, Takeover Rules 2013 and the Substantial Acquisition Rules 2007. Submissions closed on 28 February 2022.
Last month the CSSF announced the launch of the eRIIS, its new online portal for those subject to major shareholder notifications under Articles 11(2) and 18(2) of the Transparency Law. The eRIIS is already live and can be used for filings and replaces the current CSSF filing process via email for the major shareholding disclosures. With this in mind, we thought we would highlight some of the key questions regarding the new reporting portal:
On 25th February 2022, the Securities and Exchange Commission (SEC) announced proposals that would provide greater transparency to investors and regulators by increasing the public availability of short sale related data.
