FSA temporary call off short selling

Yesterday it was the call by NY Attorney General to probe in the high level of short selling trade, today it was the turn of UK markert regulator Financial Security Authority (FSA). In order sail smoothly in these turbulent financial times without any major setback from the major UK financial banks, FSA wants to act faster, so they temporary called off short selling in the securities.I hope this steps may ease the ailing UK financial markets, and even FSA will get some time to probe in the financial conditions of its banks.

Thanks&Regards,
Mohit Kumar