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FSA rejects stricter controls on short selling

The Financial Services Authority (FSA), the UK regulator, has concluded a year-long investigation by saying that there is no need to impose greater control on short-selling.

Instead, the FSA has opted to introduce a package of measures to improve the information available to the market. CrestCo, the UK securities settlement system, has agreed to publish aggregate stock-lending data for FTSE 350 securities on a monthly basis, starting this year.

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