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Global PSSL and prominent short sellers unveil new ESG standard on short activism
31 March 2021
UK Reporter Drew Nicol

High-profile short sellers including Muddy Waters, J Capital Research and Quintessential Capital Management, discussed how the voluntary standard can be interwoven with established principles of activist shorting

SLR exemptions will lapse, Fed says
23 March 2021
US Reporter Alex Pugh

The nation’s federal banking regulator is considering tweaking 2014’s supplementary leverage ratio

Second GameStop hearing to focus on securities lending disclosure proposals
17 March 2021
US Reporter Drew Nicol

Witnesses from brokers, market utilities and universities are expected to call for amendments to Regulation SHO, Dodd-Frank, and Form 13F, while pitching new concepts for reporting securities lending activities

Global PSSL continues outreach and appointments
15 March 2021
UK Reporter Drew Nicol

The ESG-focused not-for-profit has expanded its College of Advisors and is now accepting input from individuals from organisations that engage in securities lending directly, provided they sit outside the lending departments

Maxine Waters fires warning shot over SLR exemptions
11 March 2021
US Reporter Alex Pugh

“It is past time that your agencies stop prioritising the wishes of Wall Street over the public good,” Waters tells US regulators

SEC commissioner hints at post-GameStop regulatory landscape
24 February 2021
US Reporter Alex Pugh

An SEC commissioner’s speech has given some indication of where the agency stands on further regulations post-GameStop

US House considers calls for enhanced short selling disclosures after GameStop saga
19 February 2021
US Reporter Alex Pugh

A half-forgotten section of the US Dodd-Frank Act is being eyed as a vehicle to enact greater oversight of short selling activities and stamp-out perceived market manipulation

Melvin Capital founder heads to the hill for GameStop hearing
18 February 2021
US Reporter Alex Pugh

Melvin Capital CIO’s testimony before the US House Committee on Financial Services will defend the fund’s short selling practices and highlight the personal attacks he endured during January’s events

Editor's picks
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Canada securities lending panel

Securities lending specialists reflect on the drivers of performance in the Canadian market over the past 12 months, key changes in technology and market practice and how the future looks for the rest of 2023 and beyond

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Women in Securities Finance panel

Securities Lending Times speaks with women advocates driving forward the message of gender diversity and inclusion and looks at the progress made, challenges faced, and what is left to be achieved

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The short selling storm

With the ability to influence market volatility, short selling plays an important role in the finance industry, and while some areas are banning aspects of short selling, others are only just introducing it

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Surveying success

Securities lending associations around the world discuss the key issues in 2017 and what they will focus on over the next 12 months

Features
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Fair, Orderly and Transparent

David Lewis, FIS’ senior director, securities finance and global head of Astec Analytics, reflects on regulators’ guidance for short sellers and efforts to ensure a fair and transparent marketplace

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ESG: look before you leap

The ultra-high growth ESG sector claims to have laudable aims of offering investors a way to support the transition to a more sustainable world, but is market enthusiasm creating a breeding ground for fraud? Short sellers think so

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Regulators promise to think about looking into tightening short selling rules

The US Treasury’s revived hedge fund working group will continue where it left off, says Jonah Crane, who led the group in 2016, after the pandemic focused minds from both sides of the political aisle on market stressors

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GameStop: Now the dust has settled, what comes next?

An SEC investigation, hearings in Congress, murmurs of new regulations and Wall Street rattled; not bad for a Roaring Kitty

Interviews
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Alexander Westphal, director
ICMA

Alexander Westphal, ICMA director, market practice and regulatory policy, speaks to Bob Currie about repo market performance, concerns over collateral shortages and the European Repo and Collateral Council’s working agenda for 2022

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Sean Capstick
Cantor Fitzgerald

Sean Capstick, head of prime brokerage for Europe, the Middle East and Africa at Cantor Fitzgerald, speaks about the financial services provider’s growth in Europe, market trends and the role of technology in today’s market

Country profiles
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Luxembourg

Luxembourg is a household name in securities lending due to hosting a substantial portion of asset-rich UCITS funds. Jenna Lomax assesses how Luxembourg’s recent market developments could be a major windfall

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