Europe Considers Short Selling Ban To Stop Free-Fall
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European market regulators are considering a temporary ban on short selling to end the precipices decline in the market, the New York Times is reporting.
"We are discussing with national authorities and together we will decide whether we need coordinated action,” said Victoria Powell, a spokesperson for the E.S.M.A. She declined to comment on the timing of any decision or its possible scope.
The authority might propose a ban of short bets on all stocks or just strictly financial stocks - which have been the hardest hit.
Link to NY Times article
"We are discussing with national authorities and together we will decide whether we need coordinated action,” said Victoria Powell, a spokesperson for the E.S.M.A. She declined to comment on the timing of any decision or its possible scope.
The authority might propose a ban of short bets on all stocks or just strictly financial stocks - which have been the hardest hit.
Link to NY Times article
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