FSA keeps short-selling ban
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LONDON – The UK ban on short selling will continue, says the Financial Services Authority (FSA). The UK regulator has published its 30-day review into its September 18 ban on the shorting of shares in key financial institutions, and has decided – with one exception – to continue its prohibition.
The exception concerns requirements for disclosing significant net short positions in UK financial stocks. The FSA says it would not be proportionate to require daily disclosures for short positions when
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