In a further bid to protect financial sector firms, Germany's financial regulator Germany bans short selling on banks, insurers ...
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Germany Puts More Money Aside for Memorials ... has imposed a temporary ban on short selling in 11 companies.
The regulator, BaFin, said the suspension would apply until the end of December but would continually be reviewed. BaFin's president Jochen Sanio said short selling, which is an investment predicting falling share prices, could drive financial companies into a steep dive. The US and Britain have already banned short selling in major banks and insurers in the belief such trades have had serious negative effects on the shares.
(Deutsche Welle)
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