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European court rejects UK challenge against EU short-selling ban

Posted by seumasach on January 29, 2014

Philippe Lamberts, a Belgian Green MEP, said the ruling was “excellent news for those who believe that financial markets need regulation at EU level”.

FT

22nd January, 2014

Britain suffered a serious defeat in its campaign to limit the power of EU financial watchdogs after Europe’s highest court dismissed London’s attempt to prevent Brussels from winning powers to ban short selling.

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