PARIS – Moves by European regulators to examine the issue of ‘short’ selling seem set to stir a controversy that flared at the worst point of the financial meltdown, in the early autumn, when many governments decided to ban this practice, at least temporarily. In late December, the Paris-based Committee of European Securities Regulators (CESR), which advises the European Commission on financial market regulation, issued a call for evidence on how the practice of short selling should be treated.

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