HK regulator initiates prosecution in securities fraud case involving illegal short selling
Hong Kong’s SFC today commenced criminal proceedings at the Eastern Magistrates’ Courts against Chan Hoi Shing and Li Po Ching.
short selling
FCA seeks feedback on new short selling regime
The UK Financial Conduct Authority (FCA) is asking for feedback on proposals for a new short selling regime.
HK regulator secures first criminal conviction of retail trader for illegal short selling
The Eastern Magistrates’ Court today convicted Ms Christine Yeung Tak Sum, an unemployed retail trader, after she pleaded guilty to securities fraud.
FCA outlines key elements of new short selling regime
The FCA will have the power to make rules to exempt market making activities and stabilisations from certain short selling requirements.
ASIC bans former Gleneagle Securities fund manager for naked short selling
ASIC has banned former Gleneagle Securities fund manager and authorised representative Gregory Tolpigin from providing financial services for three years.
HK watchdog imposes $1.75M fine on Asia Research & Capital Management Limited
The SFC has fined Asia Research & Capital Management Limited $1.75 million for non-compliance with the EU’s short selling reporting requirements.
Weiss Asset Management to pay $6.9 million to settle SEC charges
Weiss Asset Management LP has agreed to pay $6.9 million to settle charges that it violated the federal securities laws.
Robinhood launches retail client stock lending
Stock Lending is currently rolling out to customers and Robinhood expects it to be available to all customers by the end of May.
Central Bank of Russia bans short selling
In light of the current market situation, the Central Bank of Russia has banned short selling on the Russian exchanges and OTC markets.
SEC, BTIG continue settlement talks
The settlement in principle between the SEC and BTIG includes an injunction, disgorgement, and a civil money penalty.
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