ESMA Co-Ordinates Action on Short Selling

European Securities and Markets Authority

August 25, 2011

Acting together and with the encouragement of ESMA, regulators from Belgium, France, Greece, Italy and Spain have each published a press statement to announce an extension to the existing restrictions on short selling within their respective jurisdictions.

The regulators are expected to consult further throughout September to assess the conditions in which the restrictions on short selling may be relaxed.