Cesr chairman prefers disclosure for shorting

June 01, 2009

Copycats need to walk carefully

Short sellers should privately disclose positions as low as 0.1%. And local regulators should aggregate the information and publicly disclose at slightly higher levels according to Eddy Wymeersch, chairman of the Committee of European Securities Regulators (Cesr).

Wymeersch was at the IBA’s International Financial Law Conference in Rome last week when he made his comments.

“The politicians tell us we should do something, but it is hard to find what is negative in short selling,” he said. “Most agree that naked short selling is wrong though.

“A disclosure regime...

The rest of this article is available to subscribers only. Subscribe today for full access to this article.

Alternatively take a free trial, giving you access for 48 hours*.

If you are already a subscriber, please log in below to access the rest of this article.

*some articles may be excluded.

Already have an account?

Resources

About IFLR

IFLR resources

Cesr chairman prefers disclosure for shorting

Read more:

Already have an account?

Related articles

Resources

Web seminars

Latest Issue

Most read articles

Latest supplements

About IFLR

IFLR resources

My IFLR

Recommended links

Related articles

Cesr chairman prefers disclosure for shorting

Cesr short-selling rules allow for arbitrage

First European private equity event launches

''Chindia'' takes centre stage at IFLR's Asia Forum

Speakers confirmed for private equity event

HK regulator questions IPO diligence