Trying To Save Their Banks, Spain, Italy, France Extend Short-Selling Ban

September 29, 2011   |   September 2011 Bond Updates
Several European nations have extended a ban that prohibits opening or increasing any short position on financial stocks.  The European Securities and Markets Authorities, a sort of pan-European SEC, announced on Wednesday that Spain and Italy had extended their ban on short-selling, while France’s AMF and Belgium’s CBFA did the same.

View more at: http://www.forbes.com/sites/afontevecchia/2011/09/28/trying-to-save-their-banks-spain-italy-france-extend-short-selling-ban/
 
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