SAN FRANCISCO (MarketWatch) -- France, Italy, Belgium and Spain will impose new bans on short-selling or short positions beginning Friday, the European Securities and Marketing Authority said in a statement late Thursday. The measures come to "restrict the benefits that can be achieved from spreading false rumors" given the recent volatility in European markets in recent weeks, ESMA said. The French ban will prevent creating a short position or increasing any net-short position in French banks such as BNP Paribas
http://www.marketwatch.com/story/france-others-in-europe-to-ban-short-sales-2011-08-11?dist=afterbell
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