EUROPE: FAQs on the public consultation on EU short selling and credit default swaps

Wednesday June 16 2010

The European Commission has published Frequently Asked Questions on the Public Consultation on Short Selling and Credit Default Swaps. Topics covered include the reasons for planning a legislative initiative in the area, whether the consultation includes policy options to restrict naked EU short selling, emergency powers envisaged for competent authorities, and whether the consultation envisages a ban on naked CDS.

The consultation is open for public comment until 10 July 2010.