Short-selling
UBS Securities fined $8 million for inaccurate recording practices
UBS Securities has been fined $8 million by the SEC for inaccurately recording 'locates' information
Dealers predict CVA-CDS loop will create sovereign volatility
A recipe for disaster?
Finra fines UBS $12 million for failing to adequately supervise short sales
Fine from Finra is latest indicator of UBS's control and supervisory issues
Regulatory experts say EU's naked CDS ban is ill-judged
The new rules are "another instance of the authorities blaming the wrong people and imposing the wrong policies", says Cass's Ian Marsh
Short-selling bans spark confusion over index trades and extraterritoriality
Dealers say volumes have been light as market participants try to work out scope of bans – with confusion arising on index trades and the geographic reach of the rules
Protected banks welcome new European short-selling bans
Regulators need to protect markets from "rumours and false information" say bans' supporters
Assessing the arguments against shorting
Assessing the arguments against shorting
Sovereign debt managers criticise ban on naked CDSs
Sovereign debt managers criticise ban on naked credit default swaps
Dealers and issuers protest European ban on ‘naked’ CDS
Ban could harm government debt markets, according to UK DMO – dealers say any prohibition would backfire
UK DMO stresses need for consistency
Consistency rules
EC naked sovereign CDS rules met with relief by traders
Murky on transparency
Deutsches Risk Rankings 2010: Deutsche Bank top again
Confusion, then clarity
ETFs: simple, or simply confusing?
Exchange-traded funds first appeared 20 years ago as transparent, easy to understand alternatives to actively managed funds. But as they have developed some of this transparency and simplicity has been lost. The first Structured Products ETF survey asks…
EU regulators ready to act in concert?
The European Union is close to reaching agreement on a new supervisory framework, designed to reduce the room for national discretion. But Germany’s recent short-selling ban shows domestic supervisors are not afraid to go their own way to protect…
New short-bond ETFs facilitate interest rate hedging and directional views
Deutsche Bank has listed short-bond ETFs on the London Stock Exchange as an interest rate hedge or for taking directional views on UK and US sovereign debt
EC proposes tough shorting rules but stalls on CDS ban
Shorting shares and bonds could be restricted or even banned under new EC proposals, but naked credit default swaps are safe for now.
EC accelerates consultation on beefed-up short-selling proposals
Under pressure from member states, the EC expects to adopt new short-selling rules by September.
Special regulation report from Houston
With the US set to unveil the largest set of financial regulation reforms of the past 30 years, Lianna Brinded reports from Houston, Texas, on how these changes will effect the energy and commodities industry.
Contagion fears drive volatility
The takeover of a Spanish savings bank last month and rumours of funding difficulties at the country's financial institutions spook investors
Lack of co-ordination contributes to European market sell-off
The Bafin decree on short selling in May signalled a lack of agreement by European regulators, say participants
Self-referencing CDS risk?
Ballooning credit default swap spreads on European sovereigns have encouraged some market participants to sell credit protection on their own country. But how much is this protection really worth, and could this selling contribute to systemic risk? Mark…
Highland Capital boss slams shorting restrictions for exacerbating volatility
Credit fund veteran Mark Okada says Bafin restrictions on short selling have increased market volatility
Cut derivatives volumes down to size, says European Parliament report
European Parliament committee calls for a smaller derivatives market, citing "distorting" effect.