Securities / Derivatives

Securities / Derivatives

CSRC Halts Securities Lending to Support Stock Market

By Manesh Samtani | 07/02/2024

Brokerage firms are prohibited from engaging in securities refinancing business. State investor Central Huijin is expanding its ETFs purchases.

Enforcement

US SEC Settles Charges Against China-Based Firm With No Penalty

By Sanday Chongo Kabange | 07/02/2024

The firm self-reported its violations, provided “substantial cooperation” to SEC staff, and undertook prompt remedial measures.

Securities / Derivatives

Malaysia: SC Streamlines Authorisation Process for CMIs, RMOs

By Nithya Subramanian | 07/02/2024

The new approach will shorten the time to market for for new capital market intermediaries and recognised market operators to three months from six months previously.

Securities / Derivatives

China Works to Stablise Markets With Trading Curbs, Strong Words

By Manesh Samtani | 06/02/2024

CSRC vowed to punish market manipulation and malicious short selling. Institutional investors were told to avoid selling and brokers to avoid forced liquidations.

Securities / Derivatives

SC Malaysia Broadens Sophisticated Investor Categories

By Ranamita Chakraborty | 06/02/2024

The SC now considers knowledge, experience, and primary residence value for the sophisticated investor qualification.

Enforcement

Korea: FSS Probe Confirms Mis-selling of HSCEI-Linked ELS

By Manesh Samtani | 06/02/2024

High-risk equity-linked securities were sold to customers who prioritised principal protection, were close to retirement, and those planning for future cancer treatments.

Securities / Derivatives

SEBI Proposes to Allow AIFs to Pledge Equity Shares

By Ajoy K Das | 06/02/2024

Consultation proposes to allow Category I and II AIFs to create encumbrances on equity holdings in infrastructure sector companies.

Securities / Derivatives

SEBI Considers Scrapping Security Deposit Required of Issuers

By Ajoy K Das | 05/02/2024

An expert committee has recommended abolishing the requirement for equity issuers to keep a security deposit with the stock exchange.

Securities / Derivatives

US Fed Tightens Policy on Personal Investments by Staff

By Editors | 02/02/2024

Under the new policy, staff can be directed to submit brokerage and transaction statements to verify financial disclosure accuracy.