by Calculated Risk on 9/21/2008 06:45:00 PM
Sunday, September 21, 2008
Australia Bans Short Selling
From the WSJ: Australia Suspends All Short Sales
The Australian Securities and Investments Commission banned short selling on all listed shares in Australia, following moves by other countries to prevent short sales of financial stocks.Also from Bloomberg: SEC Pushes Hedge Fund Oath in Manipulation Probe
Udpate: Dutch ban 'naked' short selling for 3 months
And in Taiwan: Taiwan reimposes short-selling ban on 150 stocks
These seem like stories from long ago, in those early days of finance when people didn't really understand markets and government officials went on misguided witch hunts.