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EU Alternative Investment Fund Managers Directive - A Tale of Two (or Three) Proposals
by: Anthony McWhirter and Philip James Orange of Debevoise & Plimpton LLP
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Buzz Archive:
Proposed UK Short Selling Rules
by Jeremy Jennings-Mares and Helen Kim of Morrison & Foerster LLP, 6/29/2010
In the UK, the Financial Services Act 2010 ("FS Act received Royal Assent on 8th April 2010, and came into force on 8th June 2010.
The FS Act grants the UK Financial Services Authority ("FSA") enhanced powers to regulate short selling; these are inserted as a new Part 8A into the Financial Services and Markets Act 2000 ("FSMA 2000"), either by prohibiting it or by requiring disclosure of information.
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