The Short Selling Regulations 2025
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
26 Power in relation to persons knowingly concerned in a contravention of these Regulations
(1) This regulation applies where the FCA is satisfied that a person has contravened a requirement imposed by— (a) designated activity rules made by virtue of Part 2 of these Regulations; (b) a direction given under section 71O of FSMA 2000 by virtue of regulation 10; (c) or under Part 4 or 5 of these Regulations; (d) the FCA in the exercise of a power in section 165 or section 175 of FSMA 2000 in relation to functions conferred on it by or by virtue of these Regulations. (2) Sections 205 and 206 of FSMA 2000 apply in respect of any person who was knowingly concerned in the contravention as they apply in respect of the person who has contravened the requirement. (3) Part 3 of Schedule 1 applies provisions of FSMA 2000 for the purposes of this regulation, with modifications.
26 Power in relation to persons knowingly concerned in a contravention of these Regulations
(1) This regulation applies where the FCA is satisfied that a person has contravened a requirement imposed by— (a) designated activity rules made by virtue of Part 2 of these Regulations; (b) a direction given under section 71O of FSMA 2000 by virtue of regulation 10; (c) or under Part 4 or 5 of these Regulations; (d) the FCA in the exercise of a power in section 165 or section 175 of FSMA 2000 in relation to functions conferred on it by or by virtue of these Regulations. (2) Sections 205 and 206 of FSMA 2000 apply in respect of any person who was knowingly concerned in the contravention as they apply in respect of the person who has contravened the requirement. (3) Part 3 of Schedule 1 applies provisions of FSMA 2000 for the purposes of this regulation, with modifications.
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