| 02.07.2012 Opalesque Exclusive: European Commission to add short selling, OTC derivatives rules |
| Bailey McCann, Opalesque, New York: The European Commission has adopted new technical standards for short selling, the new rules are aimed at reducing the risk of settlement failures linked to naked short selling and changing the way shorting activities are reported. The new rules also set out the details of the so-called "locate rule," which make sure that short sales never fail to |
| Article source: http://www.efinancialnews.com/story/2012-07-02/hedge-funds-to-win-depositaries-reprieve - Opalesque is not responsible for the content of external internet sites |