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Japan announces temporary Ban of Short Selling


“On Tuesday 28/10/08 Regulators in Japan imposed new restrictions on short-selling of Janpanese list securities Finanace Minister Shoichi Nakagawa announced a temporary ban on transactions known as “naked short-selling” a week ahead of schedule. Starting mid-November, Japan will also demand more information from short-sellers. Investors with short-sale positions of more than 0.25 percent of outstanding shares in a company will need to report such positions to brokerages, according to the Financial Services Agency”