Market Abuse

Market Abuse

China’s Didi Required to Face Investor Lawsuit Over 2021 IPO

By Editors | 19/03/2024

Besides allowing the investor lawsuit to proceed against Didi, the US court also refused to dismiss claims against banks that helped the company go public.

Market Abuse

US Regulators Announce $350m Penalty for JPMorgan

By Editors | 15/03/2024

The action, taken to address trade surveillance deficiencies, requires the bank to seek regulatory approval to onboard any new trading venue.

Market Abuse

SEBI Flags Manipulation, Bubble Risks in SME Segment

By Ajoy K Das | 15/03/2024

SEBI is working to introduce more disclosures for SME listings and seeking stress test results from fund managers in the segment.

Trading & Investment

Thailand to Tighten Rules on Short-Selling, Algorithmic Trading

By Editors | 12/03/2024

The SEC will shrink the pool of listed stocks eligible for short-selling, impose daily limits on short-selling, and require securities firms to help it police the market.

Market Abuse

SEBI Bars JM Financial from Acting as Lead Manager

By Ajoy K Das | 12/03/2024

SEBI said JM Financial engaged in practices which have a “detrimental effect” on the orderly functioning of the market.

Market Abuse

Thailand SEC Penalises 15 for Manipulating Stock Prices

By Mark Johnston | 08/03/2024

The individuals were collectively fined a total $1.82mn and prohibited from serving as directors or executives of any securities company for varying periods.

Market Abuse

FSC Korea to Amend Rules for Disclosing Insider Transactions

By Sanday Chongo Kabange | 03/03/2024

The FSC proposes to exempt certain financial institutions from the ex-ante disclosure requirements for insider transactions.

Conduct, Culture & Accountability

Japan: Major Insurers Commit to Divesting Cross-Held Shares

By Editors | 03/03/2024

The insurers also imposed disciplinary measures against 132 executives and employees, including pay cuts, over a price-fixing scandal.

Trading & Investment

China: State Backed Investors Continue to Support Stock Market

By Manesh Samtani | 01/03/2024

UBS says over $57bn of state funds flowed into Chinese ETFs this year. Meanwhile the CSRC pledges to support the capital market and protect investors’ rights.