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Naming Names in Europe

Managers say a proposed regulation on short-sale disclosures will restrict their ability to hedge.

      (Illustration by Brian Cairns) When bank share prices tumbled all over Europe last August, Belgium, France, Italy and Spain outlawed short-selling of certain bank stocks. The European Commission briefly considered a ban on short-selling throughout the European Union, then settled on a compromise that is only slightly more palatable to hedge

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