In close coordination with the European regulators concerned and under the aegis of ESMA, the AMF has been assessing both market conditions and the impact of the measures restricting net short positions on 10 French securities of the financial sector, as decided in August 2011.
In the context of this assessment, regulators which had adopted comparable measures until 30 September decided to extend their respective ban, while the AMF considered that the conditions for lifting the restriction were not met. As a consequence, the AMF’s Decision of 11th August remains in force until 11th November.
In the meantime, the AMF will continue to monitor closely, in coordination with the European regulators concerned, the markets and their developments. It may decide to lift the ban if market conditions allow it.
Press release
© AMF - Autorité des Marchés Financiers
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