UK - New moves to improve the transparency of short-selling arrangements have been unveiled by the Financial Services Authority. The drive will be underpinned by securities settlement system Crest, which will publish aggregate stock-lending data for FTSE350 securities on a monthly basis.
An FSA review suggested this solution was the most favoured option for dealing with this issue. FSA director of markets and exchanges Gay Huey Evans said: “The consultation confirmed our view that...
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