CP 106 Short selling to hedge risk from market making activities

Released 30 April 2009. Comments closed 8 June 2009.

This consultation paper sets out ASIC’s proposals to grant relief from the short selling prohibition in s1020B of the Corporations Act 2001 (Corporations Act) to permit market makers to naked short sell to hedge risk arising from their market making activities.

Download CP 106 (PDF 138 KB) | Read the advisory  

Read the report on submissions | Class Order [CO 09-774]

Submissions Date
ASX Limited 10 June 2009
Securities and Derivatives Industry Association 11 June 2009
Fortis Clearing Sydney Pty Limited 9 June 2009
Goldman Sachs JBWere Pty Limited 15 June 2009
Australian Bankers’ Association Inc. 14 June 2009
Australian Financial Services & Securities Dealers Association 5 June 2009
Australian Securities Lending Association 4 June 2009
Australian Financial Markets Association 11 June 2009
Last updated: 30/04/2009 12:00