UK ignores criticism of shorting ban

Author: | Published: 17 Nov 2008

Despite mass protest from the market, the UK FSA has affirmed its ban on short selling. The FSA has allowed one minor change – an end to daily short-position disclosure – but lawyers have dismissed its impact.

Following a 30-day review, the regulator admitted that "it is not a proportionate requirement to require daily disclosures of short positions where there...