Spain Bans Short Selling

July 23, 2012 8:58 AM EDT
In an effort to end a downward spiral in asset prices, Spain's stock market regulators took the extreme measure to ban short selling on all stocks, including derivatives. The ban will last three months.

The ban impacts all shares and indexes, including operations, derivatives in organized markets or OTC derivatives.

Spain said the ban was due to the extreme volatility in European markets.


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