Netherlands – AFM Issues Short Selling Fine to Arrowstreet Capital

Netherlands – AFM Issues Short Selling Fine to Arrowstreet Capital

On 20 April 2026, the Netherlands Authority for the Financial Markets (AFM) imposed an administrative fine of €297,000 on Arrowstreet Capital, Limited Partnership.

Background:

  • Arrowstreet acted in violation of short selling regulations between July 2020 and November 2024
  • Structurally underselling short positions reported and disclosed
  • Failure to disclose short selling in a timely manner
  • Arrowstreet has accepted the fine and the case has been settled in a simplified way