6/2/2009

The UK Financial Services Authority's policy of requiring investors to disclose short positions in shares of banking and insurance companies was scheduled to expire on 30 June, but the agency is planning an extension. "Keeping the disclosure requirements will continue to enhance transparency and limit the potential for market abuse, while details of a long-term regime for short selling are being drawn up," said Sally Dewar, managing director of wholesale and markets at the FSA.

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