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Article: INDIAN REGULATOR ALLOWS SHORT SELLING BY INSTITUTIONAL INVESTORS.

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AsiaPulse News
Article date:
January 3, 2008
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NEW DELHI, Jan 3 Asia Pulse - India's market regulator SEBI on Wednesday said it would allow institutional investors to start short-selling from February 1, which was banned way back in 2001 in the aftermath of the Ketan Parekh scam.

The Reserve Bank of India has given its nod to Foreign Institutional Investors (FIIs) for short selling, now that SEBI will allow it for all institutional investors from February 1, SEBI chairman M Damodaran told reporters on the sidelines of a conference on Corporate ...

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