On 23 September 2024, SEC reported settlement re public offering, short sale. SEC reported settled charges against Centerline Investment Management Limited, a Hong Kong, China-based investment adviser, for violating an SEC short selling trade rule. Purchased stock in public offering of securities for advisory client after effecting short selling in same stock for advisory client…
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U.S. – SEC Fines HK Based Trading Firm for Illegal Short Selling
U.S. SEC Fines HK Based Trading Firm for Illegal Short Selling
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23 September 2024 – Turkey CMB Fines for Breach of Short Selling Ban
Turkey CMB Fines 13 Entities for Breach of Short Selling Ban
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23 September 2024 – U.S. SEC Fines for Breach of Short Selling Rules
U.S. Fines for Breach of Short Selling Rules
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U.S. SEC – Fines For Illegal Short Selling
On 19 September 2024, SEC settled charges re Rule 105 short selling violations. SEC settled with Gates Capital Management, Inc. re Rule 105 short selling violations. Bought stock in securities offering for fund clients after shorting same for fund clients. Alleged Violations 30 August through 1 September 2023, Gates Capital sold short 90k ROL shares…
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E.U. – ESMA Short Selling Non-Listed Shares FAQ
On 17 September 2024, ESMA issued FAQ on determination of net short position. ESMA issued new FAQ concerning the Short Selling Regulation (SSR Reg 236/20212). Determination of Net Short Position Q: ESMA_QA_2282 Asks, when calculating net short positions in relation to issuers having both listed and non listed shares, should the issued share capital also…
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