Market Abuse

Anti-Bribery & Corruption

China: Ex-Official Gets Life Sentence for Bribery, Insider Trading

By Editors | 28/05/2024

Cao Guangjing was convicted on bribery charges and for leaking information about the bailout plan of a Hubei listed company.

Market Abuse

HK: Insider Trading Prosecution May Prompt Hedge Fund Closure

By Editors | 24/05/2024

“It is in the best interests of our investors to return their capital in an orderly manner,” a Segantii spokesperson said.

Market Abuse

LIBOR Convictions to be Raised With UK Supreme Court

By Editors | 22/05/2024

The Court of Appeal opened the door for Tom Hayes and Carlo Palombo to directly apply to the Supreme Court for permission to appeal their convictions.

Market Abuse

Bursa Malaysia Introduces New Investor Protection Tool

By Nithya Subramanian | 21/05/2024

The newly launched Trading Reminders will alert investors to be cautious with stocks showing unusual movements.

Market Abuse

Former Eagle Hospitality Trust CEO Charged for Disclosure Breaches

By Nithya Subramanian | 20/05/2024

The former CEO is accused of “reckless” failure to disclose information that was necessary to avoid the establishment of a false market.

Market Abuse

Hong Kong Court Jails Two Former Brokers for False Trading

By Editors | 20/05/2024

The two men, formerly licensed representatives of KGI Asia Limited and South China Securities Limited, were each jailed for three months.

Trading & Investment

CSRC Issues Final Rules for Programmatic Trading

By Editors | 17/05/2024

The rules require market participants involved in programmatic trading to register with stock exchanges and make detailed disclosures.

Market Abuse

FCA Offers Recommendations on Avoiding Surveillance Failures

By Manesh Samtani | 14/05/2024

The FCA says failures of market abuse surveillance are often caused by faulty implementation, bugs, and incomplete data ingestion.

Market Abuse

US Trial Begins Over Collapse of Archegos Capital Management

By Manesh Samtani | 09/05/2024

Archegos Founder Bill Hwang is charged with racketeering conspiracy, securities fraud, wire fraud and market manipulation.