The definition of a short sale should not include a repurchase agreement between two parties where one party sells the other a security at a specified price with a commitment to buy the security back at a later date at another specified price or a derivative contract where it is agreed to sell securities at a specified price at a future date. The definition should not include a transfer of securities under a securities lending agreement.
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New version applies from 31/01/2022 — introduced by Commission Delegated Regulation (EU) 2022/27.
54 provisions change.
Later versions: 09/01/2024, 16/01/2024.
Recital 17 changes in this version: compare with the current text.