Market Abuse

Market Abuse

SFC Imposes 15-Year Ban on Former Hedge Fund Exec

By Sanday Chongo Kabange | 07/11/2024

The SFC barred the former chief investment officer of a hedge fund from re-entering the industry for 15 years for false trading.

Market Abuse

FSS Now Also Probing KB Securities in Korea Zinc Case

By Editors | 06/11/2024

KB Securities joins Mirae Asset Securities as a firm being probed over Korea Zinc’s recent share buyback and capital increase plan.

Market Abuse

Korea to Prosecute Unfair Trading Case Involving Virtual Assets

By Editors | 05/11/2024

This is the first case of unfair trading referred for prosecution since the Virtual Asset User Protection Act came into force in July.

Market Abuse

Japan FSA Fines Nomura Securities for JGB Futures Manipulation

By Editors | 03/11/2024

Several executives also agreed to a two-month pay cut. It was separately reported that a former Nomura Securities employee was arrested on suspicion of robbery and attempted murder.

Market Abuse

Former Dealer Jailed for Manipulating Singapore-listed Stocks

By Editors | 02/11/2024

The former dealer spoof the market 215 times between August 2020 and March 2021, resulting in over SGD 250,000 in illicit gains.

Market Abuse

FSS Probing Mirae Asset Securities in Korea Zinc Case

By Editors | 02/11/2024

Mirae was involved in Korea Zinc’s recent share buyback and is also the underwriter of rights issue that was announced shortly afterwards.

Market Abuse

SFC Sets May 2025 Effective Date for New Market Sounding Guidelines

By Manesh Samtani | 01/11/2024

The SFC has narrowed the scope of the market sounding guidelines and clarified some requirements in response to market feedback.

Market Abuse

South Korea Charges BNP Paribas for Naked Short Selling – Report

By Editors | 01/11/2024

BNP Paribas and Australian hedge fund Regal Funds Management have reportedly been indicted for violating Korea’s short-selling rules.

Market Abuse

US Court Fines Chinese Citizen for Fictitious Sales Scheme

By Mark Johnston | 27/10/2024

Yueyu Bao was fined and banned for orchestrating a series of non-competitive, fictitious trades with his cousin on the Chicago Board of Trade.