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Short Selling

Short-selling is the strategy that people love to hate. Calls for it to be banned inevitably come when equity markets hit a prolonged rough patch, and the massive slide in stock markets since the beginning of 2002 is no exception. Regulators in the US, the UK, Japan, Hong Kong, Germany and other countries are pondering changing their rules on short-selling, and some already have. In other countries, banks, dealers and hedge fund managers are lobbying hard to prevent a crackdown on what they see

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