s 137ZK Reporting of short position
137ZK.—(1) Where a person’s (A) short position in relation to any specified capital markets products is equivalent to or more than the short position threshold prescribed by regulations made under section 137ZM, A must, at the time or times and in the form and manner prescribed by regulations made under section 137ZM, report to the Authority directly or through another person (B) —(a) information on —(i) the identity and business activities of A and (if applicable) B; and (ii) A’s short position in relation to the specified capital markets products, prescribed by regulations made under section 137ZM; and (b) any change to the information mentioned in paragraph (a).[4/2017] (2) Any person who contravenes subsection (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.[4/2017]