XJO 0.10% 8,212.2 s&p/asx 200

wednesday it is, page-15

  1. 22,593 Posts.
    Not sure if this has been mentioned this morning.

    ..........

    Germany's financial regulator Bafin said it will temporarily ban naked short-selling of euro-zone government debt traded on German exchanges, as well as uncovered credit-default swaps on euro-zone government debt, and naked short-selling of Germany's 10 most important financial-sector stocks.

    A crackdown on naked shorting in Germany would echo similar steps taken by U.S. regulators following the meltdown of Lehman Brothers in late 2008. The U.S. ban was controversial at the time, however, because some analysts said it had the unintended effect of encouraging investors to sell shares quickly rather than be subject to even more rules tightening later.

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