Austria extends short selling ban 30 November 2010Vienna Reporter: Ben Wilkie
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The Austrian financial market regulator has extended by six months a temporary ban on naked short-selling of the country's four largest publicly listed financial stocks.
The ban, which was introduced in 2008 has been extended to May 31, the Financial Market Authority said in a statement.
The institutions affected by the ban are Raiffeisen Bank International, Erste Group Bank, and insurers Vienna Insurance Group and Uniqa Versicherungen.
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