Denmark warns against bank short selling 08 December 2010Copenhagen Reporter: Ben Wilkie
Image: Shutterstock
The Danish FSA has warned against possible short selling in Danish banks with share issues.
Short selling of Danish banks was banned during the peak of the financial crisis in 2008.
"In connection with publication of the prospectus for the share issue by Fjordbank Mors, the Danish FSA is warning investors against selling bank shares, where delivery depends on a future expectation of allotment of new shares in connection with share issues, as investors risk breaching the ban on short selling Danish bank shares," the Danish FSA said in a statement.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 