Goldman's surveillance was not properly monitoring for disruptive trading and its preventative control to suspend such trading malfunctioned.
October 4, 2023ASIC said the firm was ‘negligent’ in its failure to identify suspicious trading by a client and ‘reckless’ in continuing to allow further suspicious trading after ASIC raised concerns.
September 22, 2023Chee Tak Securities had no written manuals, policies and procedures on recording order instructions, ongoing monitoring, trade surveillance or employee dealing.
September 19, 2023Alert review records were missing for over 14,000 alerts. Client call records were missing for more than 1,000 orders.
August 23, 2023ASIC says Openmarkets did not carry out effective trade surveillance, and banned its former acting head of trading for three years.
July 7, 2023Brokers will have to implement systems and controls that can detect fraud and market abuse in the stock market.
February 10, 2023Nasdaq was awarded best solution in market & trade surveillance at Regulation Asia's 5th annual awards ceremony.
December 13, 2022Between July 2016 and January 2018, BGC Brokers, GFI Brokers and GFI Securities had deficient surveillance processes and insufficient asset class coverage.
December 13, 2022The FCA said Citigroup did not properly implement MAR requirements to monitor orders and trades to detect market abuse.
August 25, 2022Regulators also plan to launch a 'Digital Assets Committee' this month to bring additional safeguards and regulatory structure to Korea's crypto industry.
June 5, 2022