CESR Releases Technical Details of the Pan-European Short Selling Disclosure Regime

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On 26 May 2010, the Committee of European Securities Regulators (“CESR”) published technical details in respect of its proposed model (the “Model”) for a pan-European short selling disclosure regime (the “Second Report”).1 These details follow and should be read in conjunction with the publication of an earlier CESR report and feedback statement that set out proposals for the Model on 2 March 2010 (the “First Report”).2

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Published In: Finance & Banking Updates, International Trade Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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