Regulatorisches Chaos
Im September führten die Aufsichtsbehörden weltweit vorübergehende Leerverkaufsregeln ein, um das Abrutschen der Bankaktienkurse aufzuhalten. In einigen Gerichtsbarkeiten wurde das Verbot inzwischen zwar aufgehoben, aber nach Einschätzung mancher Händler könnten die Auswirkungen durchaus nachhaltig sein. Von Nick Sawyer
Als die Aktienhändler am Freitag, dem 19. September an ihrem Arbeitsplatz eintrafen, waren sie schockiert. Nur zwei Tage zuvor hatte die US Securities and Exchange Commission (SEC) ungedeckte Leerverkäufe verboten, und nun hatte sie für eine lange Liste von Finanzinstituten mit sofortiger Wirkung ein vorübergehendes generelles Verbot von Leerverkäufen erlassen. Auf den ersten Blick schien diese Ankündigung dem am Vortag verhängten Verbot der britischen Financial Services Authority (FSA) zu
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