Bafin shorting ban may be narrower than feared

Matt Cameron
19 May 2010

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The shorting ban announced by the German securities regulator, Bundesanstalt für Finanzdienstleistungsaufsicht (Bafin), may be narrower in scope than many market participants had first thought.

The decree, which shook global markets today, prohibits the naked short selling of eurozone government bonds, credit default swaps (CDSs) on those bonds and 10 German financial stocks. However, according to interpretation of the rules by lawyers, the ban looks to be very limited.

"The rules, at first

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]