Paragraph 4 Short sellingF1
Engaging in short selling in relation to specified financial instruments (“shorted instruments”) including where—
(a)
a person enters into a transaction which creates, or relates to, another financial instrument, and
(b)
the effect (or one of the effects) of the transaction is to confer a financial advantage on that person in the event of a decrease in the price or value of the shorted instrument.
Annotations
Textual amendments
- F1
Sch. 6B inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 3; S.I. 2023/779, reg. 4(aaa)