Japan Cracks Down on Naked Short Selling
Takashi Nakamichi, Ayai Tomisawa
The Wall Street Journal, 28 October 2008
Japan moved Tuesday imposed new restrictions on so-called “naked” short selling of stocks, stepping up its efforts to arrest the tumble in domestic share prices.
The Tokyo Stock Exchange has asked member brokers to stop accepting naked short-sell orders, TSE President Atsushi Saito told a news conference.
