Alternative Investment Management Association Representing the global hedge fund industry
“We are pleased that the FSA is proposing not to renew the ban on short selling of specific financial stocks when it expires on January 16th. We naturally support efforts by policy makers and regulators to achieve stability in markets, particularly during emergency conditions, but we do not feel that this ban achieved its stated aims.
We hope that other regulators around the world will take note of the FSA’s decision and lift the remaining short selling bans. We would strongly welcome a common approach worldwide on this and support the attempts by the International Organization of Securities Commissions (IOSCO) to reach consensus on this.”
Chief Executive Officer
Alternative Investment Management Association (AIMA)
2nd Floor, 167 Fleet Street,
London, EC4A 2EA, United Kingdom.
Tel +44 (0)20 7822 8380
Fax +44 (0)20 7822 8381
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