The Financial Services Commission (FSC) has announced a package of measures designed to tighten supervision of illegal short selling and to improve the operation of the short-selling system
Finansinspektionen has fined online banking provider Nordnet for failing to meet to its terms of service relating to intraday short selling, including deficiencies in its risk management policies and failing in its duty of care to customers
Witnesses from brokers, market utilities and universities are expected to call for amendments to Regulation SHO, Dodd-Frank, and Form 13F, while pitching new concepts for reporting securities lending activities
A Bermuda-based hedge fund has filed a suit in a New York court alleging that CIBC, Bank of America, UBS and TD Bank gamed the market causing shares it held in a major pharmaceutical to tumble in 2016
The “special team” will be formed this month and aims to strengthen oversight of short sellers, while market makers also face a host of new stringent trading restrictions
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Regulation
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Regulation