Tadawul, Edaa seek public opinion on draft rules for short selling, securities borrowing

09/02/2020 Argaam

 

The Saudi Stock Exchange (Tadawul) and the Securities Depository Center (Edaa) published the amended draft regulations for short selling, securities borrowing and lending for public consultation.

 

Tadawul and Edaa are seeking public opinion on the draft regulations and amended securities, it said in a statement.

 

The public should submit their opinions no later than Sunday, Feb. 23.

 

The amended regulations aim to develop the regulatory environment in light of the international best practices and provide a high-reliable, motivating climate to achieve Tadawul and Edaa’s objectives.

The amended Short Selling Regulations The amended Securities Borrowing and Lending Regulations

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