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SEC chairman calls global meeting to review short selling rules


Christopher Cox, chairman of the US Securities and Exchange Commission, has called a meeting of the International Organization of Securities Commissions’ technical committee for Monday November 24.

The teleconference will discuss the short-selling rules imposed in the wake of the financial crisis and examine any “under-regulated” products.

“In addressing turbulent market conditions, it is essential not only that regulators act against securities law violations, including abusive short selling, but also that there be close coordination among international markets to...

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