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EU Lawmakers agree to limits on naked CDS, short-selling‎

PUBLISHED ON: October 18, 2011 | Duration: 6 min, 13 sec

  
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European Union lawmakers agreed on legislation that limits the use of sovereign credit default swaps and naked short-selling of government bonds and stocks. Ketu Shakara, associate portfolio manager with EQC Funds, says for a short period of time the ban of short selling will be okay, but over the long run it can't survive.
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