EU Regulators Ban Short-Selling in Some Countries
By: Reuters
The European Union's financial market regulator ESMA said on Thursday that Belgium, France, Italy and Spain would announce new bans on short-selling or short positions.
It said the measures would take effect from Aug. 12 and had been aligned as far as possible.
The ESMA also said it will take a firm stance against any short-sellers who are found spreading rumors in the market.
European market regulators late Thursday announced bans on some short-selling in Belgium, France, Italy and Spain.