Sunday, September 21, 2008

Australia Bans Short Selling

by Bill McBride on 9/21/2008 06:45:00 PM

From the WSJ: Australia Suspends All Short Sales

The Australian Securities and Investments Commission banned short selling on all listed shares in Australia, following moves by other countries to prevent short sales of financial stocks.
Also from Bloomberg: SEC Pushes Hedge Fund Oath in Manipulation Probe

Udpate: Dutch ban 'naked' short selling for 3 months

And in Taiwan: Taiwan reimposes short-selling ban on 150 stocks

These seem like stories from long ago, in those early days of finance when people didn't really understand markets and government officials went on misguided witch hunts.