European Securities and Market Authority is considering recommending a temporary ban on negative bets against stocks. The ban would be temporary to ease this period of market volatility. This comes on the heels of escalating financial concerns in Europe. The European markets are down this morning in reaction to a report showing Greek unemployment at 16.6 percent and more bad news for French banks. Louise Story, Wall Street and finance reporter for our partner The New York Times, tells us about this new development and how realistic it is.
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