FSA set to end short-selling ban

The FSA has confirmed it will not extend its ban on the short-selling of UK financial stocks but war...

The FSA has confirmed it will not extend its ban on the short-selling of UK financial stocks but warns it will "not hesitate" to reinstate it if necessary. It says the emergency ban, introduced in September, will come to an end on 16 January as originally proposed. But the regulator is bidding to extend the disclosure regime on significant net short positions until the end of June. FSA managing director of wholesale and institutional markets, Sally Dewer, says the moves will help maintain orderly markets. "Continuing the disclosure obligations as we propose will reduce the potential...