Japan FSA extends short selling restrictions
03 November 2011 Tokyo
Image: Shutterstock
The Japanese Financial Services Authority has extended restrictions on short selling to April 2012.
The restrictions, which meant a ban on naked short selling, were due to come to an end on 31 October, but it was widely expected that the regulator would choose to continue the ban. Market commentators say that this extension is likely to be the last time the rule will be continued, although the FSA has said it is looking at permanent restrictions on the practice.
The restrictions, which meant a ban on naked short selling, were due to come to an end on 31 October, but it was widely expected that the regulator would choose to continue the ban. Market commentators say that this extension is likely to be the last time the rule will be continued, although the FSA has said it is looking at permanent restrictions on the practice.
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