ENFORCEMENT

Enforcement

SEBI Bars Former Director of IIFL Securities for Front Running Stocks

By Nithya Subramanian | 22/06/2025

Sanjiv Bhasin and 11 others allegedly engaged in front-running by trading stocks ahead of public recommendations made on television and social media.

Enforcement

ASIC Fines Equity Trustees for Misleading Investment Statements

By Sanday Chongo Kabange | 22/06/2025

ASIC fined Equity Trustees for allegedly making misleading statements about investments made by a green and sustainable bond fund.

Enforcement

SFC Suspends Former CEO of Freeman Commodities for Supervisory Failures

By Sanday Chongo Kabange | 20/06/2025

The former CEO failed to ensure Freeman Commidities maintained appropriate standards of conduct and adhered to proper procedures, the SFC said.

Enforcement

SFC Imposes 3-Year Ban on Former Licensee Over Wash Trades

By Sanday Chongo Kabange | 20/06/2025

The former licensed representative of Cinda International Securities executed a total of 109 matched or wash trades in nine stocks, the SFC said.

Enforcement

US Firm to Pay $3.88m for Breaching Sanctions with Iran and Venezuela

By Thisanka Siripala | 19/06/2025

The former CEO knowingly approved exports to Iran via offshore affiliates in the Netherlands and China to mask transactions.

Capital / Liquidity

KRX Preps Unfair Trading Rapid Investigation Unit Launch

By Mark Johnston | 19/06/2025

New surveillance arm aims to curb pre-emptive moves by illicit market actors and modernise oversight infrastructure.

Enforcement

ACCC Fines NAB Over CDR Data Quality Issues

By Sanday Chongo Kabange | 19/06/2025

The ACCC said NAB’s payment of the penalties is the highest amount paid for alleged contraventions of the CDR rules to date.

Crypto / Digital Assets

Korea FSS Considers Inspections of Korbit Over Trading Suspension

By Thisanka Siripala | 19/06/2025

The FSS is said to be investigating the cause of a 12-hour trading and services suspension at crypto exchange Korbit.

Enforcement

Pakistan Court Issues First-Ever Insider Trading Conviction

By Nithya Subramanian | 19/06/2025

A former banker misused material non-public information about his employer’s investment and disinvestment decisions for personal gain.