All posts tagged "Market manipulation"
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376FeatureSGX RegCo Proposes Removal of Minimum Trading Price Rule
SGX RegCo is proposing to scrap the MTP rule in light of its suite of other measures to deal with market manipulation, including the pairing of trading restrictions with ‘Trade with Caution’ alerts.
November 29, 2019 -
331ChinaUS SEC Charges Chinese Traders in Market Manipulation Scheme
The market manipulation scheme involved 18 traders primarily based in China, over 3,900 US-listed securities and over $31mn in illicit profits.
October 21, 2019 -
621Fintech / RegtechSingapore Brokers Directed to Enhance Trade Surveillance Systems
MAS and SGX RegCo have released a practice guide outlining five guiding principles for brokers to use in the review and design of their trade surveillance programmes.
August 8, 2019 -
488AML / KYCMAS Targets Market Abuse with Proposed New Requirements
Capital market licensees will have to record all client communications and capture their mobile device IDs. Foreign intermediaries will have to provide UBO information on request.
August 6, 2019 -
901Asia-PacificPhilippine SEC Consults on Draft Rules for Digital Asset Exchanges
The rules specify capital requirements of PHP 100mn, plus 12 months of operating expenses, and allow digital asset exchanges in the Philippines to be set up by foreign-registered entities.
July 19, 2019 -
561EnforcementSFC Orders Freezing of More Assets Linked to Manipulation Case
The SFC has ordered more brokers to stop dealing with and processing assets linked to suspected market manipulation of Ding Yi Feng shares.
June 26, 2019 -
775Enforcement
US SEC Charges Five Asian Traders for Market Manipulation
The SEC has charged three Malaysians, one Singaporean and one Chinese national with violating antifraud and market manipulation provisions.
June 21, 2019 -
673KoreaKorea to Ease Data Barriers Within Financial Services Firms
In addition to easing information barriers within financial services firms, the FSC will also allow them to outsource their core businesses to third parties with as fintech startups.
May 13, 2019 -
522ChinaChinese Police Arrest Five More Fuxing Execs on Fraud Charges
Four deputy presidents and the head of one of Fuxing's subsidiaries have been detained for illegal fundraising activities, following charges brought against the group's chairman last July.
May 10, 2019 -
749Enforcement
Singapore Charges Three for Spoofing Index Futures
In a MAS-CAD joint investigation, three individuals are being charged for allegedly spoofing SGX-MSCI index futures and giving false statements to SGX.
March 28, 2019
