Second Reading Speeches

Corporations Amendment (Short Selling) Bill 2008

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
42

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Summary

Amends the

Corporations Act 2001
to: clarify the Australian Securities and Investments Commission's powers to regulate short selling of financial products and other similar transactions; prohibit naked short selling; and require the disclosure of covered short sale transactions.

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