asic sets new rules on suspicious trading, page-4

  1. 12,085 Posts.
    "The short sale tagging obligation starting from March 1, 2014, will require market participants to specify, at the time that an order is placed, the quantity of a sell order that is a short sale."

    What's so hard about starting that ASAP or in Nov with the 'suspicious' reporting. As many have stated, they've reported suspicious activity in the past with toothless responses...so what changes in Nov to make it a more effective reporting? If short sale disclosures are implemented in Nov then there's something to investigate. Or else it's pointless and futile PR. ASIC has a long way to go before it cuts its first baby teeth, let alone its final set.
 
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