Tag Archives: melbourne-herald-sun

Australian Securities and Investments Commission ban cops hedge

News.com.au – Kim Ivey, chairman of the Australian arm of the Alternative Investment Management Association said Australian banks no longer needed further government protection. He said the ban was damaging market liquidity and denying investors the ability to protect their […]

Short selling ban upsets hedge funds

ninemsn – The corporations watchdog has extended a ban on covered short selling in the local equities market by at least another month because market conditions continue to be difficult. But a group representing hedge funds, which are high volume […]

Hedge funds slam ban extension

Financial Standard – The hedge fund industry has condemned the Australian Securities and Investments Commission’s (ASIC) decision to extend the ban on short selling on non-financial stocks, declaring it will have "severe and immutable long-term effects". ASIC extended the ban […]