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Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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Portee44

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Naked short selling...this is a start...

posted on May 18, 2010 03:09PM

Bafin Confirms German Ban on Naked Short-Selling at Midnight

By Alan Crawford

May 18 (Bloomberg) -- Germany’s BaFin financial-services regulator said that it will introduce a temporary ban on naked short-selling and naked credit-default swaps of euro-area government bonds starting at midnight.

The ban will also apply to naked short-selling in shares of 10 banks and insurers including Allianz SE and Deutsche Bank AG, BaFin said today in an e-mailed statement.

Last Updated: May 18, 2010 14:24 EDT

3 Recommendations

Re: Naked short selling...this is a start...

Portee44

May 25, 2010 01:22PM