EC accelerates consultation on beefed-up short-selling proposals

Under pressure from member states, the EC expects to adopt new short-selling rules by September.

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The European Commission (EC) is set to open a public consultation on detailed short-selling proposals early next week, but the text will be more wide-ranging than originally intended, and is being published earlier than planned as a result of recent market volatility and lobbying from member states.

Although the initial aim of the EC's proposals had been to move towards a pan-European short-selling regime with enhanced disclosure – building on recommendations finalised by the Committee of

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