A fund manager has claimed that at least 18 stocks are being manipulated by the listed companies, private equity funds and publicly offered funds.
May 18, 2021Lawmakers are pushing for tougher crypto legislation to protect crypto investors against unfair practices and price manipulation.
May 12, 2021The revised draft expands the scope of the law to also cover "other derivatives", while also raising penalties for violations.
May 3, 2021The law will stipulate rules for futures trading, settlement and delivery systems, establish investor protection mechanisms, and include netting provisions.
April 28, 2021Three of the four are senior executives of a listed company. They are said to have embezzled over HKD 19 million of the listed company's funds.
April 23, 2021An arrest warrant was issued for Zeng Lingxi, an alleged member of a syndicate suspected of operating ramp-and-dump scams on social media.
April 7, 2021The social media app restricts voice recording without the consent of every speaker in a chat room, which may create a loophole for stock manipulators.
March 23, 2021The SFC has frozen securities accounts holding an estimated HK$860mn in ramp-and-dump proceeds, while the Police have seized an additional HK$89mn.
March 8, 2021Under ASIC’s new immunity policy, individuals who have engaged with others to commit market misconduct offences can seek immunity by reporting the misconduct.
February 25, 2021The SFC has issued restriction notices against 54 more trading accounts. Singapore regulators are guarding against “pump and dump” and “short and distort” scenarios.
February 19, 2021