FSA bans shorting

The Danish Financial Supervisory Authority has banned shorting as of today.
The Danish Financial Supervisory Authority has banned shorting as of today.
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The Danish Financial Supervisory Authority has banned the short-selling of bank stock. The Authority says that the ban also includes agreements on financial instruments other than stock, in which profits can be made through falling bank stock.

The move is designed to attempt to shore up Danish bank stock, which has plummeted in recent weeks.

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