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France's AMF financial regulator nails Muddy Waters to the wall

by Taylor Robertson Mon, Jul 22, 2019 7:11AM

The short seller, Muddy Waters, has operated with impunity for some time, but finally it might have overstepped. In the past few years, firm founder and brash short seller activist, Carson Block, focused his voice on decrying the alleged overvaluation of France’s retail giant, Casino. Unfortunately for the short seller, the national markets authority of France, the AMF, was not happy with his conduct, opening an investigation into Muddy Waters wrongdoing in 2016. The investigation is finally rounding off, and it looks like things could be bruising for the American.

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