Brits ban shorts on financials until January 16

The Financial Services Authority, the UK's SEC equivalent, is banning short selling financial stocks until January 16, although the situation will be reviewed in 30 days.  The ban could extend to other sectors as well.   They're also changing disclosure rules -- now it will be required on all positions of more than 0.25% of a stock.

Britain bans short-selling of financial stocks - Marketwatch