Greek regulator fines hedge funds over short selling issue


  • World Premium
  • Friday, 19 Jun 2015

ATHENS/LONDON (Reuters) - Greece's capital markets regulator has fined more than a dozen hedge funds in the past few months for potentially breaching European rules on short selling stocks without borrowing them first, an official from the regulator said on Friday.

The hedge funds include Tosca Master Fund, Hadron Alpha Select Fund, and Verrazzano European Long Short, according to a statement on the website of Greece's Hellenic Capital Market Commission.

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