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Austria extends short selling ban


25 May 2011 Vienna
Reporter: Ben Wilkie

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Image: Shutterstock
The FMA, the Austrian regulator, has said it will further extend the ban on naked short selling of financial companies' shares until the end of November.

The ban has been in place since the collapse of Lehman Brothers in 2008, and has been extended in three and six month periods ever since.

It applies to the shares of Erste Group, Raiffessen Bank International, Vienna Group and Uniqa.
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