Dutch Regulator 'Accidentally' Reports Soros' Short Positions, Sends Bank Stock Sliding
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by Tyler Durden
Jan 26, 2017 9:32 AM
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Some of hedge fund billionaire George Soros' short positions dating back to 2012 were published on the Dutch financial market regulator’s website this week due to "human error" according to the regulator AFM, according to Bloomberg. Dutch bank ING is among the positions exposed and its stock price is tumbling...
As Bloomberg notes, the short positions, bets on a stock declining, were “between 0.2 percent and 0.5 percent,” of shares outstanding in the companies shorted, AFM spokesman Ward Snijders said by phone on Thursday. The Dutch regulator publishes shorts of 0.5 percent or higher on its website on a daily basis. The smaller amounts were posted by mistake, he said.
The Financial Times earlier reported that some of the positions, including bets against Dutch banks, including ING Groep NV, appeared briefly on the website on Tuesday evening. ING declined to comment on Thursday.
http://www.zerohedge.com/news/2017-01-26/dutch-regulator-accidentally-reports-soros-short-positions-sends-bank-stock-sliding
