Market Abuse

Market Abuse

Former Goldman Analyst Jailed in the UK for Insider Trading

By Editors | 18/02/2024

Mohammed Zina used sensitive information about deals Goldman was advising on to trade shares in six companies.

Market Abuse

Korean Prosecutors Search HSBC, BNP Offices in Short Selling Probe

By Sanday Chongo Kabange | 16/02/2024

The searches are part of a mandatory criminal investigation for violations of the Capital Markets Act.

Anti-Money Laundering

US Court Charges Digitex CEO with BSA Violations

By Mark Johnston | 16/02/2024

Founder and CEO of Digitex Futures Exchange has been indicted for failing to establish and implement an AML program as required by the Bank Secrecy Act.

Market Abuse

SC Malaysia Awarded $515m in Insider Trading Case

By Mark Johnston | 15/02/2024

Malaysia’s High Court ordered a former CEO to pay the Securities Commission three times profits, as well as a civil penalty and legal costs.

Market Abuse

CSRC Fines Semiconductor Startup & Executives for IPO Fraud

By Editors | 14/02/2024

S2C Limited was found to have inflated its operating income and net profit in its 2021 application to list on the Shanghai STAR Market.

Market Abuse

SEBI Bars TV Guests, Analysts from Securities Market

By Ajoy K Das | 13/02/2024

11 individuals and 4 entities made unlawful gains of $900,000 from trading in stock they were recommending in TV broadcasts.

Market Abuse

CSRC Punishes 63 Employees of China Merchant Securities

By Editors | 10/02/2024

The CSRC warned of increased on-site inspections and a coming crackdown on illegal stock speculation and “irresponsible behavior” by securities practitioners.

Market Abuse

Goldman Agrees to Penalties for Trade Surveillance Failures

By Editors | 09/02/2024

Goldman did not include some of the securities it traded in surveillance reports between February 2009 and mid-April 2023.

Market Abuse

Social Media Posts May Breach Market Abuse Rules: ESMA

By Mark Johnston | 09/02/2024

ESMA has warned social media users that they might be breaching the EU’s Market Abuse Regulation by posting investment recommendations online.