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03/18/20 8:18 AM

#6735 RE: JC$ #6734

Trump will ban short selling just like EU

Short-selling bans sweep Europe in the hope of stemming stock market bleeding
PUBLISHED TUE, MAR 17 2020 10:16 AM EDT
Elliot Smith
@ELLIOTSMITHCNBC
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KEY POINTS
The pan-European Stoxx 600 index has plunged more than 34% in the last month, including notching its worst one-day percentage decline in history last Thursday.
France's Autorité des Marchés Financiers banned short selling in 92 shares, those most impacted during Monday's sell-off, until the end of Tuesday's trading session.
The European Union's financial regulator, the European Securities and Markets Authority (ESMA), on Tuesday began forcing greater transparency of short positions by halving the threshold at which they must be disclosed.