Last week, the UK Financial Services Authority announced that it would amend its Code of Market Conduct so that once disclosure of a short position has been made, additional disclosures will only be required when that short position changes (as reported in the October 24, 2008, edition of Corporate and Financial Weekly Digest). The amendment was made on October 29.

www.fsa.gov.uk/pubs/handbook/2008_60_instrument.pdf