Britain just banned short-selling - GoFuckYourself.com

ADL Colin · 09-18-2008, 10:13 AM

ain't this all interesting? And we don't even need to read a history book. we can just read the news.

British regulator bans short selling

LONDON (MarketWatch) -- Britain's Financial Services Authority on Thursday announced the unprecedented move of banning short-selling and forbidding any increase in new positions. Also, disclosure will be required on all positions of over 0.25% of a stock. The ban is due to remain in force until Jan. 16, 2009, but it will be reviewed in 30 days. "While we still regard short-selling as a legitimate investment technique in normal market conditions, the current extreme circumstances have given rise to disorderly markets. As a result, we have taken this decisive action, after careful consideration, to protect the fundamental integrity and quality of markets and to guard against further in

BradM · 09-18-2008, 10:15 AM

Heh... nice.

Iron Fist · 09-18-2008, 10:18 AM

Expecting a crash are we?

BradM · 09-18-2008, 10:22 AM

Quote:

Originally Posted by sharphead

Expecting a crash are we?

Seeing it start already - but yes I guess they assume it's going to get worse... fast.

09-18-2008, 10:13 AM	#1
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Britain just banned short-selling ain't this all interesting? And we don't even need to read a history book. we can just read the news. British regulator bans short selling LONDON (MarketWatch) -- Britain's Financial Services Authority on Thursday announced the unprecedented move of banning short-selling and forbidding any increase in new positions. Also, disclosure will be required on all positions of over 0.25% of a stock. The ban is due to remain in force until Jan. 16, 2009, but it will be reviewed in 30 days. "While we still regard short-selling as a legitimate investment technique in normal market conditions, the current extreme circumstances have given rise to disorderly markets. As a result, we have taken this decisive action, after careful consideration, to protect the fundamental integrity and quality of markets and to guard against further in __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

09-18-2008, 10:18 AM	#3
Iron Fist Too lazy to set a custom title Join Date: Dec 2006 Posts: 23,400	Expecting a crash are we? __________________ i like waffles

09-18-2008, 10:15 AM	#2
BradM Confirmed User Join Date: Dec 2003 Location: 1123,6536,5231 Posts: 3,397	Heh... nice.