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France, Spain, Italy, Belgium and Greece extend short-sale bans on financial companies
  • Schulte Roth & Zabel LLP
  • Spain, Belgium, France, Greece, Italy
  • August 25 2011

The short-selling bans on certain financial companies imposed on Aug. 12, 2011 by the securities authorities in France, Spain, Italy, Belgium and Greece1 have been extended.


France, Spain, Italy, Belgium and other jurisdictions impose short sale restrictions on financial companies
  • Schulte Roth & Zabel LLP
  • Spain, United Kingdom, Belgium, European Union, France, Greece, Italy
  • August 12 2011

The European Securities and Markets Authority, an organization established by the European Union as its securities regulatory authority, said in a public statement yesterday that some authorities in the EU have decided to impose or extend existing short-selling bans or restrictions in their respective countries due to recent volatility in the European financial markets.


Neil Robson
  • Schulte Roth & Zabel LLP


Daniel F. Hunter
  • Schulte Roth & Zabel LLP