bgscience@idbg.ru
+7 495 648 62 41 Russia, 127015, Moscow, Novodmitrovskaya st. 5A (b. 7)
Menu

Switch to Russian:to Russian

Short selling regulation principles: Russian and international practice


Aleksandr Gusev
(about the author)

Gusev Aleksandr Valeryevich – Graduate student, Department of Risk management and insurance, Faculty of Economics, Lomonosov Moscow State University

Published in:
Creative Economy
– № 5 / May, 2011



Keywords: financial market regulation, market liquidity, risk management, short selling, uptick rule


Citation:
Aleksandr Gusev (2011). Short selling regulation principles: Russian and international practice. Creative Economy, 5(5), 31-37. — url: http://bgscience.ru/com/lib/4952


Share:

Abstract:

Short selling operations have significant value on financial markets. The article explores current short selling regulation system on the Russian financial market and how it corresponds to effective short selling regulation principles, offered by Technical Committee of the International Organization of Securities Commission.







References:
1. Press-reliz FSFR RF ot 25.09.2008 «Ob otmene predpisaniya FSFR Rossii ot 22 sentyabrya 2008 goda i novom predpisanii FSFR Rossii ob ustanovlenii predelno dopustimogo urovnya marzhi».
2. Press-reliz FSFR RF ot 30.09.2008 «O zaprete korotkikh neobespechennyh prodazh».
3. Prikaz FSFR RF ot 09.04.2009 «O vnesenii izmeneniy v pravila osuschestvleniya brokerskoy deyatelnosti pri sovershenii na rynke tsennyh bumag sdelok s ispolzovaniem denezhnyh sredstv i/ili tsennyh bumag, peredannyh brokerom v zaem klientu (marzhinalnyh sdelok), utverzhdennyy prikazom FSFR Rossii ot 7 marta 2006 goda № 06-24/pz-n».
4. Regulation of short selling. Consultation report of the IOSCO Technical Committee, March 1999.