Katten Muchin Rosenman LLP (JD Supra Greece)
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New Greek Ban on Shorting Shares of Five Greek Banks
On September 30, the Greek national financial regulator, the Hellenic Capital Markets Commission (HCMC), announced that is has imposed an extended ban on the short-selling of Greek bank shares––by any persons anywhere in the world––as a means of stabilizing their share prices.
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