Press Release on the prohibition of short selling in Spanish financial sector shares

August 12, 2011

The AEB supports the measures adopted by the National Securities Market Commission (CNMV), as part of an international initiative coordinated by ESMA, to prohibit short selling in Spanish financial sector shares.

This is considered an appropriate and timely decision to address a situation of extreme volatility that lacks objective justification and which, if prolonged, could have serious repercussions for financial stability.

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