IOSCO proposes policy and enforcement measures to address risks in online marketing and distribution of financial products to retail investors.
January 18, 2022The FSS said an increase in manpower and an expansion of the unit's scope are needed to strengthen its capacity to respond to unfair trading practices in the capital market.
January 17, 2022The requirements cover the accuracy of information disclosed and cooperative arrangements between FIs and internet platform companies.
January 7, 2022Six senior executives of Hong Kong listed companies were among those arrested, for operating a cross-border pump-and-dump manipulation scheme.
December 17, 2021Securities firms are prohibited from working with social media influencers who are not licensed. Providing investment recommendations via livestreaming is banned.
November 15, 2021SEC staff concluded that US markets functioned well and dislocations caused by short-selling were not the main cause of the extreme volatility in GameStop.
October 26, 2021Victims lost HKD 2.5 billion from investment scams between January and July, a 20-fold increase compared to the same period last year.
September 30, 2021ASIC calls on market participants and listed companies to be on the lookout for and report suspected ‘pump and dump’ activity in listed securities.
September 23, 2021Seven victims recently bought more than 49,000 shares in a US-listed company based on the recommendation of an “expert” and lost over $1mn within two days.
August 12, 2021Social media influencers do not want to find themselves caught offering advice they’re not qualified or authorised to give, warns FMA chief Rob Everett.
June 30, 2021