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FOi's daily roundup of news in brief, 25 February 2010


IIFM and ISDA to make announcement next Monday
The International Islamic Financial Market (IIFM) and the International Swaps and Derivatives Association (ISDA) are holding a press briefing in Bahrain on March 1. The briefing is likely to give an update on progress made on the ISDA and IIFM document for Islamic derivatives.

SEC restricts short sellingThe US Securities Exchange Commission yesterday introduced a rule to place...

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