Will managers be sold short by Esma’s consultation?

Short-selling rules are under review but experts predict small changes


Ever since pan-European regulator Esma introduced tough short-selling regulations (SSRs) in 2012, managers have complained about the burdensome system for flagging short positions and a lack of consistency over the penalties associated with failing to comply. With the dust still settling from the 2008 financial crisis, Esma introduced a package