Category Archives: News

Hong Kong – SFC Fines $1.2m for Naked Short Selling

On 18 April 2019, the Securities and Futures Commission (SFC) has reprimanded and fined Nine Masts Capital Limited (Nine Masts) $1.2 million for failures relating to the short selling of Yuzhou Properties Company Limited (Yuzhou Properties) shares in May 2015.
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Malaysia BML Shorter Settlement Cycle

On 16 April 2019, MLY BML, said T+2 settlement cycle will be launched 29 April. Launch date was determined following consultation with industry, stakeholders. SEC has approved changes to relevant rules on 26 March 2019 to facilitate move. Market completed a series of systems testing to ensure a smooth transition.  
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