Article: Europe plans ban on naked short selling

Article - Media

Europe plans ban on naked short selling

Steve Johnson and Baptiste Aboulian

Financial Times, 23 May 2010

European politicians have proposed a complete ban on naked short selling, significantly widening the scope of the clampdown implemented last week by Angela Merkel, the German chancellor.

Naked shorting is already banned in the US, Hong Kong, Australia and Brazil, but the idea of a complete European-wide ban is likely to provoke controversy in some quarters.

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