# The Short Selling Regulations 2024, Regulation 15: FCA power to prohibit or impose conditions on short sales


Subject to regulation 16(1), the FCA may prohibit persons from, or impose conditions relating to persons, entering into—
(a) a short sale of a financial instrument, or
(b) a transaction, other than a short sale of a financial instrument, where an effect of that transaction is to confer a financial advantage on the person in the event of a decrease in the price or value of that financial instrument.

---
Source: https://www.legislation.gov.uk/ukdsi/2024/9780348265538/regulation/15 (the official version)
Page: https://openlegislation.uk/draft-short-selling-regulations-2024/regulation-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.