Politics & Regulation

Study shows EU short-selling proposal would be ‘ineffective’


An EU proposal for the public disclosure of the net short positions of individual managers risks distorting financial markets, according to an independent study, and is not effective in meeting the needs of companies wishing to raise capital, investors seeking efficient risk management or regulators addressing financial stability.

The report by Oliver Wyman, the international management consulting firm, was commissioned by global hedge fund association AIMA and sponsored by Deutsche Bank.

The new study seeks to update the findings from a 2010 report by Oliver Wyman and to analyse the impact of a public disclosure requirement for short-selling