esma short selling consultation February 15, 2012Posted by Bradley in : consultation, transparency , trackback
The responses are in and you can see them here. A number of the responses comment on the very short time for consultation. Today there’s a new consultation on technical advice relating to the same regulation which closes on March 9. The Consultation document says:
Who should read this paper
This paper may be specifically of interest to investors that take short positions, hedge funds, investment
firms whose clients hold short positions or engage in CDS activity, securities lending firms, hedge funds,
prime brokers, custodians, settlement systems, national debt management agencies and issuers.
But they still only get just over 3 weeks to respond.
There will be an open hearing on 29 February 2012.
Meanwhile I have been working on a paper on transparency and financial regulation in the EU.