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Article: Germany extends short-selling ban
- Article from:
- AP Worldstream
- Article date:
- May 29, 2009
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Germany's market regulator on Friday extended until next year a temporary ban on short-selling of shares in 11 financial sector companies.
The regulator, BaFin, said the ban now runs through to Jan. 31, 2010.
The ban was imposed last September following the collapse of Lehman Brothers Holdings Inc. in the United States. It was due to expire on May 31.
In short-selling, investors borrow shares and sell them in the ...