Thursday, September 18, 2008

Ban on short sales in England

From Marketwatch (link)
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Britain's financial regulator, the Financial Services Authority, on Thursday banned short selling in financial stocks after a week in which its top mortgage lender, HBOS, was pushed into a merger after its share price tumbled.
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Those in charge have decided to change the rules. This won't be the first time, and will not be the last time.

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