Esma set to give industry concerns a short shrift

Pan-European regulator unlikely to address worries over a lack of a consistent approach to short-selling reporting across member states

As has become customary when it comes to important European regulations, a lack of consistency in the approaches taken by member states is causing managers headaches. This time it’s short-selling rules. HFM research highlighted in this week's issue shows huge variations in the number and levels of fines being applied