On 20 November 2024, AST ASIC said Mr Hatch was convicted and sentenced for failing to disclose his substantial shareholding in Copper Strike Limited and providing false information. He was sentenced to six months imprisonment, released immediately upon paying a AUD 2,000 fine; conditional release requires good behavior for 12 months. Pleaded guilty to authorizing…
Read more
About: Anna Monteiro
Recent Posts by Anna Monteiro
U.K. – Trading Plan for NatWest Shareholding
On 18 November 2024, UKP issued update on the disposal of £1bn worth of government-owned NatWest Group shares, representing approximately 3.2% of the company. UK GVT's remaining shareholding represents approximately 11.4% of voting rights in NatWest which demonstrates continued progress being made towards the UK GVT's intention to return its shareholding in NatWest to private…
Read more
20 November 2024 – Australia ASIC Fines for Failure to Disclose Major Shareholdings
Australia ASIC Fines for Failure to Disclose Major Shareholdings
Read more
26 November 2024 – U.S. SEC fines for Illegal Short Selling
U.S. SEC fines for Illegal Short Selling
Read more
U.S. – SEC Releases Updated Tech Spec for 13f-2 Short Selling Report
On 18 November 2024, the SEC released another draft of the technical specification for short selling regulation 13f-2. Background: short selling regulation 13f-2 comes in effect 2 January 2025 SEC will release final technical specification on 16 December 2024 13f-2 short selling regulation has two thresholds to be considered: Threshold A (reporting issuers) and Threshold…
Read more
China – CSRC Takeover of Hehe Futures
On 15 November 2024, CHI CSRC took over Hehe Futures for governance fails. CHI CSRC took over Hehe Futures Co Ltd from 15 November 2024 to 14 November 2025, due to severe governance issues and loss of management control that pose significant risks. A takeover team has been formed to operate Hehe Futures during the…
Read more
Recent Comments by Anna Monteiro
No comments by Anna Monteiro yet.