Short selling regulation comes into effect 01 November 2012Europe Reporter: Jenna Jones
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The EU regulation on short selling and aspects of credit default swaps applies as of today, 1 November 2012.
European countries affected by the short selling regulation—(EU) No. 236/2012—include Denmark, Estonia, Finland, Latvia and Lithuania.
The short selling regulation that allows for a ban on short selling, gives the Financial Supervisory Authority (FSA) the chance to restrict or completely prohibit short selling under extreme circumstances.
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