New OSC Takes Aim To Shut Out Short Sellers From Financings
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New OSC Takes Aim To Shut Out Short Sellers From Financings
The Ontario Securities Commission has opened a frontal assault on short selling that shadows equity raises. Draft amendments released would bar any investor who shorted a stock within five trading days of a deal’s pricing from buying that same security in the offering. The rule mirrors the US regulation and is designed to stop what […]
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