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AMF Chairman Michel Prada announced the formation of a working group to examine permanent rules on short-selling. On 19 September the AMF Board adopted measures to prevent the naked short-selling temporarily. The group, to be composed of representatives of market participants will put forward proposals for changing the arrangements that apply under normal circumstances, notably measures to better supervise and identify net short positions and securities lending transactions.
The group’s work should serve as a basis to create as uniform an approach as possible between