Singapore legislation
Regulation 12
of Securities and Futures (Organised Markets) Regulations 2018
Regulation 12
Determination and publication of short sell orders
Subregulation 1
An approved exchange must, before the start of every trading day —
determine the aggregate volume of short sell orders in relation to any specified capital markets products that —
were disclosed to the approved exchange for the purposes of section 137ZJ(1) or (3) of the Act or regulation 10(1), 12(2) or 13(1) of the Securities and Futures (Short Selling) Regulations 2018 (G.N. No. S 328/2018) in the immediately preceding trading day; and
were matched and executed on the immediately preceding trading day; and
publish that aggregate volume of short sell orders on the website of the approved exchange.
Subregulation 2
An approved exchange that contravenes paragraph (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $25,000 and, in the case of a continuing offence, to a further fine not exceeding $2,500 for every day or part of a day during which the offence continues after conviction.
Subregulation 3
In this regulation, “short sell order” and “specified capital markets products” have the meanings given by section 137ZH(1) of the Act.