Sweden – FI Fines for Late Short Selling Report

Sweden – FI Fines for Late Short Selling Report

On 14 September 2020, the Swedish Financial Supervisory Authority issued a fine against SCGE Fund L.P. for late notification of a short net position in shares in Fingerprint Cards AB on 17 January 2018 which had fallen below a relevant disclosure threshold.

  • SCGE Fund L.P.shall pay a special fee of SEK 10,000