# The Short Selling Regulations 2025, Regulation 4: Designated activities: short selling of admitted shares and related transactions

Extent: E+W+S+N.I.

The following activities are specified under section 71K of FSMA 2000 as designated activities for the purposes of that Act—
(a) entering into a short sale of an admitted share;
(b) entering into any transaction other than a short sale of an admitted share, where an effect of the transaction is to confer a financial advantage on the person entering into that transaction in the event of a decrease in the price or value of an admitted share.

---
Source: https://www.legislation.gov.uk/uksi/2025/29/regulation/4 (the official version)
Page: https://openlegislation.uk/short-selling-regulations-2025/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.