Blog yOur Mind

France to keep “short-selling” ban-AMF regulator

Posted on: June 12, 2009


Reuters – Thursday, June 11

PARIS, June 10 – France will maintain its ban on the short-selling of financial stocks for the time being, the head of the country’s AMF market regulator said on Wednesday.

“The AMF has decided to maintain the plans to ban short-selling on financial stocks while we await the decisions of our American and European partners on the matter,” AMF head Jean-Pierre Jouyet told a hearing at the French parliament.

Last month, Jouyet said the European Union’s planned overhaul of financial supervision should run deeper than what is currently being envisaged by the European Commission. [ID:nLS991265].

France and Germany traditionally favour tight regulation and state intervention, in contrast to the positions usually adopted by Britain and the United States on market regulation.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

WHEN NOTHING GOES RIGHT, go left

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 55 other followers

DISH MENU

PREVIOUS MENU

CASHIER COUNTER

  • 269,605 UFOs
%d bloggers like this: