France, Belgium, Italy and Spain are banning short selling, with the moves coming after weeks of wild swings in global equity markets, reflecting investor worries about slowing growth, debt burdens and credit downgrades.
The ban on short sales recalls an order by the U.S. Securities and Exchange Commission in September 2008 that prohibited short sales of 799 financial stocks through October of that year
The ban on short sales recalls an order by the U.S. Securities and Exchange Commission in September 2008 that prohibited short sales of 799 financial stocks through October of that year
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