The European Short Selling Regulation (“SSR”) entered into effect on November 1, 2012. The SSR will have a potentially significant impact on many MFA members, whether those members are based in the U.S. or in the European Union (“EU”). MFA closely monitored the SSR throughout its development from proposed legislation by the EU Council and Parliament, to final implementing regulations issued by the European Commission and the European Securities and Markets Authority (“ESMA”). For your convenience, we have assembled below the key legislative and regulatory materials that have been issued by EU policy makers in connection with the SSR. In addition to these materials are links to the audio recording and presentation slides from MFA’s recent Members Only webinar covering the SSR.
In broad terms, there are three primary categories of regulation within the SSR that will have an impact on MFA members:
If you have any questions about the SSR, please contact MFA at (202) 730-2600. Please check back regularly, as this page will be updated when additional materials are published.