Short Stop

An FSA official comes down on short-sale rumors.

London thrives on trading-floor chatter, but short-sellers who profited on March 19 after spreading malicious rumors about a liquidity crisis at Britain’s largest mortgage lender, HBOS, may think twice before they do so again. That day Sally Dewar, head of wholesale and institutional markets for the Financial Services Authority, the U.K.’s

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related