Italy Bans Short-Selling In Monte Paschi For Three Months, Forgets To Ban Buying Of CDS
by Tyler Durden
ZeroHedge.com
Jul 6, 2016
Consob bans for three months net short positions on Banca MPS shares – The prohibition shall apply from tomorrow 7 July 2016 until 5 October 2016 – It affects derivatives and market makers as well. The prohibition on net short positions strengthens and extends the ban to short selling adopted yesterday, as the new prohibition bans both short selling on BMPS shares and short positions taken though single stock derivatives on BMPS shares.
The Rest…HERE
