January 22, 2014 BY Gerald Segal

ESMA cements its powers, as EU court defeats UK appeal against new short selling rule

ESMA already introduced severe restrictions on short selling, such as banning Naked Shorts European bureaucrats have scored a decisive victory over the UK’s challenge of financial laws today. The European Court of Justice has released a ruling against limiting the powers of the European Securities and Markets Authority (ESMA) to restrict short selling of certain…

Read more