Fsa Enforces Declaration of Short Selling Deals ; Shares

Summary


Investors seeking to profit from falling share prices in the current turmoil will be forced to reveal their hands when disclosure rules come into force today.

The Financial Services Authority (FSA) has said those "short- selling" more than 0.25 per cent of shares in banks and insurers must tell the wider market.

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Extract


Fsa Enforces Declaration of Short Selling Deals ; Shares

"Short-selling" is when investors borrow stock in a company to sell it - hoping to buy it back more...

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