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Esma consults on short selling, CDS

26 January 2012

The European Securities and Markets Association has published a consultation paper on short selling and credit default swaps

Read more: European Securities and Markets Association credit default swap short selling

The European Securities and Markets Association (Esma) has introduced a consultation paper on the draft technical standards of short selling and credit default swaps (CDS).

The paper follows a vote by the EU Council and European Parliament in November 2011 to regulate short selling and certain aspects of CDS.

The regulation states that when shares or sovereign debt are borrowed, a third...