UK leads the way on short-selling

LONDON & BERLIN - It has fallen to the UK Financial Services Authority (FSA) to point the way towards a permanent solution to the short-selling regulatory regime in Europe. The UK regulator issued proposals in February that call for a formalised disclosure regime, while fellow European Union member states continue to mull over what to do when their temporary measures draw to an end (see OpRisk & Compliance, February 2009). The patchwork of short-term national bans instituted in the past three

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