On 13 June 2023, LUX GVT updated on bill re foreign direct investments. LUX GVT said LUX PRL adopted, in the first vote, bill 7885 establishing a national screening mechanism for foreign direct investments likely to undermine security or public order for the purposes of implementation of Regulation (EU) 2019/452 of the European Parliament and […]
On 16 June 2023, Rulefinder alerted to new temporary short selling bans in S Korea. Effective: short selling ban will be effective for one trading day on 19 June 2023.
On 14 June 2023, SK FSS proposed revisions to financial investment rules. SK FSS proposed revisions to the Detailed regulations on financial investment business, to improve foreign investors’ access to the Korean capital market. Follows SK FSC May 2023 proposed revisions re financial investment. Amendments Delete the obligation to submit documents re foreign investment registration. […]
On 12 June 2023, SEC charged investment adviser with short selling fraud. SEC charged investment adviser, Sabby Management LLC, and managing partner, Hal Mintz, with fraud in an abusive naked short selling and order making scheme. Alleged Violations From March 2017 to May 2019, Sabby and Mintz circumvented trading rules to conduct unlawful trades in […]
On 8 June 2023, CHI CBIRC, CHI CSRC held the 14th Lujiazui forum. CHI CBIRC and CHI CSRC held 14th Lujiazui forum 2023 with topic namely global financial openness and cooperation: new driving forces for economic recovery. Speech by CHI CBIRC Li Yunze Optimize financial products and services; increase financial support in key areas such […]
On 7 June 2023, MLY BML expanded approved securities criteria of the rule. MLY BML amended directives on regulated short selling re approved securities criteria. Amendments Revise the daily market capitalisation criterion for preceding 3 months to MYR200 mn. Accept all exchange traded funds (ETFs) as approved securities except inverse ETF. Updated the current FAQs […]