UAE releases draft short selling regulation
06 November 2011 Abu Dhabi
Image: Shutterstock
The UAE securities regulator has announced draft regulations for market making, securities lending, short selling and other liquidity providers.
The Securities and Commodities Authority has provided a comment period until 17 November.
It may be a further move towards MSCI emerging market status for the region as an active securities lending market is part of the criteria.
The Securities and Commodities Authority has provided a comment period until 17 November.
It may be a further move towards MSCI emerging market status for the region as an active securities lending market is part of the criteria.
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