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Showing 81 - 90 of 109 results for "Short selling"

More than 50 funds 'on hold' after shorting ban

RUTH LIEW  |  TUESDAY, 23 SEP 2008
... the ratings house's decision to put 57 funds on hold is "the best course of action" following the recent ban on short selling. Simon Scott, fund analyst at Standard & Poor's, said the ratings house was in the midst of a long/short review of funds when ...

AIMA and IFSA respond to temp shorting ban

MICHELLE BALTAZAR, MICHAEL HOBBS  |  MONDAY, 22 SEP 2008
... association will be holding a global conference with AIMA UK about the issue. "We are alarmed by ASIC's haste to ban all short selling. The Securities and Exchange Commission in the US (SEC) and Financial Services Authority in the UK (FSA) are only banning ...

Market Wrap - Midday

AAP  |  MONDAY, 22 SEP 2008
... Australian Securities Exchange (ASX) sought a clarification from the corporate regulator about its decision to ban short selling of shares in the local market. The Australian Securities and Investments Commission (ASIC) yesterday said it had widened ...

ASIC tightens short-selling rules

MICHELLE BALTAZAR  |  MONDAY, 22 SEP 2008
... followed suit with its own set of new rules. The three new measures announced on Friday were: a complete ban on 'naked' short selling, a lower number of covered short sales allowed and a new reporting regime for permitted covered short sales. ASIC said ...

Greater fool with no shorts

BENJAMIN ONG  |  MONDAY, 22 SEP 2008
... purchase of Asset-Backed Commercial Paper. The Securities and Exchange Commission enacted a temporary ban on the short selling of 799 financial stocks. The ban is in place from 18 September to 2 October 2008 and can be extended for another 10 days or ...

No more short cuts

MICHELLE BALTAZAR  |  FRIDAY, 19 SEP 2008
... decision came less than 48 hours after the US' Securities Exchange Commission (SEC) sanctioned stricter rules on short selling - particularly around 'naked' short selling in which the short seller doesn't actually borrow the stock to cover the trade. ...

CalPERS halts lending to big four

RUTH LIEW  |  FRIDAY, 19 SEP 2008
... and help mitigate the current instability of the market." The move was also made to remove any potential adverse short selling impact on the four institutions, she said. Locally, the $28 billion AustralianSuper is sticking with its current securities ...

America on its knees

BENJAMIN ONG  |  THURSDAY, 18 SEP 2008
... securities by the settlement date would incur penalties. This is intended to prevent, or at least reduce, 'naked short selling. This reminds the FSIU of the trading halt rule implemented by the SEC in response to the stockmarket crash of 1987. This is ...

US pension funds review securities lending

MICHELLE BALTAZAR  |  FRIDAY, 15 AUG 2008
... Lending Association (ASLA) Natalie Floate released a report stressing the distinction between securities lending, short selling and margin lending. "ASLA is concerned that securities lending is not well understood and its resulting benefits have been ...

S&P studies single manager alternatives

MICHAEL HOBBS  |  MONDAY, 4 AUG 2008
... constant cost and reward problems. Reflecting the popularity of alternative strategies, income funds, which use short selling and derivatives trading to gain income with a portfolio of mostly shares and bonds, had evolved in both institutional and retail ...