{"id":8908,"date":"2008-10-21T00:00:00","date_gmt":"2008-10-21T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-slam-ban-extension","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/hedge-funds-slam-ban-extension.html","title":{"rendered":"Hedge funds slam ban extension"},"content":{"rendered":"<p>Financial Standard &#8211; The hedge fund industry has condemned the Australian Securities and Investments Commission&#8217;s (ASIC) decision to extend the ban on short selling on non-financial stocks, declaring it will have &quot;severe and immutable long-term effects&quot;. <\/p>\n<p> ASIC extended the ban on short selling for non-financial stocks by another 28 days to November 18. Although the ban has been extended, ASIC expects to lift the ban as of the next day&#8217;s trading but it would largely depend on the &quot;state of the markets&quot;.<\/p>\n<p> The short selling ban on financial stocks will continue until January 27, 2009. <\/p>\n<p> ASIC maintained that while the US had lifted its bans, UK and others are sustaining the ban.<\/p>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.financialstandard.com.au\/news\/view\/24304\/\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial Standard &#8211; The hedge fund industry has condemned the Australian Securities and Investments Commission&#8217;s (ASIC) decision to extend the ban on short selling on non-financial stocks, declaring it will have &quot;severe and immutable long-term effects&quot;. ASIC extended the ban [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1755,3256,3257],"class_list":["post-8908","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-ameriprise","tag-melbourne-herald-sun","tag-selling-shares"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8908"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8908\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}