Regulatory Alerts2020-04-16
Regulation of the Financial Market Authority on the restriction of short selling of certain financial instruments in an exceptional situation
The Austrian Financial Market Authority (FMA) issued a regulation prohibiting the establishment or increase of net short positions in shares admitted to the Vienna Stock Exchange. This ban applies to transactions conducted on trading venues or over-the-counter, with specific exclusions for market-making activities and immaterial indirect short positions. The regulation entered into force upon publication and was scheduled to be repealed at the end of May 2020.
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