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Posted AT 8:27 PM EST on 19/09/08

OSC imposes temporary short-selling ban

Globe and Mail Update

The Ontario Securities Commission has followed on the heels of U.S. regulators with the placement of a temporary halt on short selling of the stocks of a number of financial institutions. Canada's key market regulator late Friday followed the lead of Britain's Financial Services Authority, the U.S. Securities & Exchange Commission and other regulators.

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