Vladimir Maly, Stephen P. Wink, Gitanjali P. Faleiro
Latham & Watkins
Introduction and overview
As previously described in our Client Alert on the pan-European short selling regulation1, the European Commission (the Commission) adopted a proposal on September 15, 2010 to harmonise the regulation of short sales and credit default swaps across the European Union2. On March 14, 2012, the European Parliament and the Council of the European Union (the Council) each voted to adopt the proposed regulation, after including a number of significant amendments (the Regulation)3.