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Fri 11 Nov 2009Regulator reiterates short-selling ban
THE FINANCIAL Regulator has reminded stockbrokers in Ireland and overseas about the ban on short-selling Irish bank shares in light of the recent heavy market volatility in financial stocks.
The regulator issued a notice to the markets reminding brokers “to continue their vigilance in relation to the short-selling ban”, which prohibits investors making profits on falling Irish bank stocks.
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