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Gold/Mining/Energy : Oil Sands and Related Stocks

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From: Kayaker	9/21/2008 1:55:15 PM
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Ontario joins global move to curb short selling Barbara Shecter, Financial Post Published: Friday, September 19, 2008 Canada's largest securities regulator has joined an international stampede to curb short selling that has been blamed in part for precipitous declines in the share prices of financial services companies during the 14-month global credit crisis. Late Friday, the Ontario Securities Commission issued an order prohibiting short selling in the stocks of financial services companies including Canada's Big Five banks and major insurance companies. David Wilson, chairman of the OSC, said the commission wanted to ensure that Canadian markets would not be used for "regulatory arbitrage." All but one of the 13 affected companies also have a listing in the U.S.... financialpost.com

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