Tausi Insider

Over the past few years, a number of organizations have taken aim at several aspects of how Canada regulates short selling. Frank Gunn/The Canadian Press Canada’s securities regulators are considering whether the identity of short sellers, as well as the details of their trades, should be publicly disclosed when they take a significant position in a Canadian company. A coalition of Canadian regulators issued a notice Thursday asking market participants if they would support stricter transparency rules being imposed on short sellers, including disclosing their names and trading positions to the public whenever they make a significant short sale. The notice is part of a broader review of short selling – one of the most polarizing issues in the capital markets – by the Canadian Securities Administrators, the umbrella group for the country’s provincial and territorial securities commissions, and the Investment Industry Regulatory Organization of Canada (IIROC). Short selling is a bet tha...

Online retailer Amazon.com may be deemed responsible for advertising of counterfeit Christian Louboutin shoes which found its way to its platform, Europe’s top court said in a preliminary ruling on Thursday. The EU court said it was now up to two national courts to decide whether this was indeed the case. Louboutin brought cases against Amazon AMZN-Q in a Belgian and a Luxembourg court in 2019, saying the retailer regularly displayed advertisements for red-soled shoes put on the market without Louboutin’s consent. Louboutin’s signature red sole is registered as a trademark within the EU. Both courts had sought the guidance of the Luxembourg-based Court of Justice of the European Union (CJEU). In its ruling on Thursday, the EU court said Amazon, as an online sales platform, may be considered responsible for the intellectual property breaches involved in the advertisements of counterfeit products that feature Louboutin’s trademarked red sole. The court said the presentation of the adve...