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Italy extends short selling ban


13 January 2012 Rome
Reporter: Anna Reitman

Generic business image for news article
Image: Shutterstock
Consob has confirmed media reports that a short selling ban on shares of the financial sector has been extended until 24 February. The restrictive measures were initially adopted on 12 August, 2011 and were extended until 15 January.

France, Italy, Greece, Spain and Belgium have short selling curbs in place. France has banned 10 financial stocks until early February, although the French securities regulator said it would lift the ban earlier if market conditions improved.

Curbs in Belgium and Spain have no published end date, according to the latest update by European financial markets watchdog, ESMA.
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