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International Law
: Australian Regulatory Compliance ReviewASIC and ASX on share lending and short selling
The Australian Securities and Investments Commission (ASIC) and the Australian Securities Exchange (ASX) have issued three statements to clarify and reinforce existing obligations in relation to share lending and short selling.
These statements follow the joint statement issued by the organisations last week on finance arrangements and margin loans involving listed companies.
The three further statements are:
Full post as published by Australian Regulatory Compliance Review on March 07, 2008 (boomark / email).
Evergreen
Wachovia, Settle Securities Allegations over Ultra Short Opportunities Fund
Lenders Fined
Ryland Group Inc. settles $370,000 questionable lending suit.
Chevy Chase Bank
lawsuit claims the bank is in violation of the Truth in Lending Act
Security One
accused of selling faulty alarms
AT&T Mobility, Nokia
accused of selling a used cell phone as new
Petland
Faces Class Action for Selling Unhealthy Puppies

More Institutions Limit Securities LendingSubmitted by: Ted Allen, Publications
Short-selling new rules are under review
The Short Life of the Short-Selling Ban
Short-Sellers, John McCain and Chair Cox
SEC Extends Ban on Short-Selling









