Aussie Short-Selling Ban Extended

05 Mar 2009

The Australian Securities and Investments Commission has extended its ban on the short-selling of financial securities through May 31.

The Australian Securities and Investments Commission has extended its ban on the short-selling of financial securities through May 31. ASIC, which in January extended it until March 6, explained it is keeping the ban in place because of continued volatility in global financial markets and "potential damage from ...

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