FSA bids to extend short-selling disclosure rules

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The FSA is proposing to extend its current disclosure regime for the short selling of UK financial stocks as it continues to draw up longer-term rules.

Current regulations, unveiled in January, dictate disclosures will only need to be made if a net short position exceeds 0.25% of a company's issued shared capital or increases by 0.1% bands above that (0.35%, 0.45% etc...

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