UK Regulator Bars Short-selling on Financials- AP

Britain's financial regulator said Thursday it was temporarily banning the short-selling of shares in financial companies that are listed on the London Stock Exchange. Short-selling, in which investors sell borrowed shares in hopes of buying them back later at a lower price, has been blamed for sending bank share prices plummeting and exacerbating turmoil in financial markets. U.S. regulators tightened rules on the practice Wednesday.