FSA continues short-selling scrutiny

UK regulator, the Financial Services Authority, will carry on monitoring short equity positions until June 30, under proposals released at the start of this year.

The FSA said it would lift its ban on the short selling of financial stocks on January 16, as originally planned, but would continue to require holders of "significant" short positions to report them until June 30. Positions of more than 0.25% of issued equity are counted as significant; holders would also have to report changes of more

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