Financial Times FT.com

SEC extends its ban on short selling

By Joanna Chung in New York

Published: October 2 2008 03:00 | Last updated: October 2 2008 05:59

US regulators on Wednesday night said they would extend a temporary ban on short selling of financial stocks as well as other emergency measures aimed at curbing potential market abuse.

The US Securities and Exchange Commission issued emergency orders two weeks ago as part of a broader government strategy to shore up confidence in the markets.

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