login
login
Image header Agence Europe
Europe Daily Bulletin No. 10151
Contents Publication in full By article 10 / 30
GENERAL NEWS / (eu) eu/financial services

Commission to consult over details of short selling

Brussels, 02/06/2010 (Agence Europe) - On Wednesday 2 June 2010, EU Internal Market Commissioner Michel Barnier said that the European Commission would be opening a public consolation exercise the following week on short-selling, examining transparency, scope of certain short-selling to be banned (securities or bonds), harmonising Member States' legislation and EU coordination of the various measures. New EU legislation may be published in September (a timing requested by Germany). To the surprise of other EU countries, Berlin recently banned naked short-selling of sovereign debt and is deciding whether to extend the ban to other products. (M.B. trans fl)

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS