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Image header Agence Europe
Europe Daily Bulletin No. 10921
Contents Publication in full By article 30 / 31
COURT OF JUSTICE OF THE EU / (ae) finance

Is Article 28 of EU short-selling regulation inappropriate?

Brussels, 13/09/2013 (Agence Europe) - In an opinion published on Thursday 12 September (in case C-270/12), European Court of Justice Advocate General Niilo Jääskinen recommends that the European Court of Justice annul Article 28 of EU Regulation 236/2012 on short-selling. The judge says that the emergency powers granted by that article to the European Securities and Markets Authority (ESMA) to intervene in the financial markets of member states so as to regulate or prohibit short-selling...

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