Isolating CFD rules brought forward.

The article reports that the British disclosure rules for contracts for difference (CFDs) that isolate British companies, originally planned for September 2009, have been preponed and will now be implemented in June 2009. The new rules bring disclosure requirements into line with those for normal shares, where positions must be aggregated and then disclosed once they go over the 3% threshold. The British Financial Services Authority (FSA) announced that the implementation date would be moved forward following feedback on a consultation paper it issued in July 2008. The FSA has also produced a standard TR-1 form for companies to use when disclosing significant positions.