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International Law
: Australian Regulatory Compliance ReviewASIC extends ban on covered short selling
ASIC is extending the ban on covered short selling for non-financial securities for a further 28 days until 18 November 2008.(See original announcement here ).ASIC expects to lift the ban from opening of trading the next day.
The ban on short selling of financial stocks will continue until 27 January 2009.
Full post as published by Australian Regulatory Compliance Review on October 21, 2008 (boomark / email).
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