Article: Germany bans Wirecard ‘shorting’ as prosecutors probe FT journalist

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Germany bans Wirecard ‘shorting’ as prosecutors probe FT journalist

Arno Schuetze

Reuters, 18 February 2019

FRANKFURT (Reuters) – Germany’s financial watchdog has banned “short” selling of Wirecard shares due to volatility in the payments firm’s stock following reports in the Financial Times which are now the subject of an investigation by German authorities.

Munich prosecutors said on Monday they were investigating a Financial Times journalist, confirming that they had widened a probe into a possible violation of securities trading rules.

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