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Showing 1 - 10 of 109 results for "Short selling"

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
... complete and accurate securities trading information, known as blue sheet data, to the SEC, as well as comply with short selling practices.

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... indictments being issued against global investment banks. In late 2020, the FSC tightened penalties of illegal stock short selling. At the time, illegal short-sale activities were punishable with minor fines. "To strengthen punishment, penalty surcharges ...

ASIC bans former Gleneagle fund manager

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
ASIC has banned former Gleneagle fund manager, Gregory Tolpigin, from providing financial services for naked short selling. Tolpigin is also banned from controlling a financial services business or performing any function involved in carrying on a financial ...

Regulator issues interim stop orders

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... exposed to a very high-risk strategy that generates absolute returns by trading in listed equities and by using short selling, leverage and derivatives, ASIC explained. The managed fund invested in property development projects is subject to project ...

Schroders launches Schroder Australian Equity Long Short Fund

CHLOE WALKER  |  WEDNESDAY, 1 DEC 2021
... is to outperform the S&P/ASX 200 Accumulation Index after fees over the medium to long term by investing in, or short selling securities in, a broad range of listed equities in Australian and New Zealand. The fund may also invest up to 10%of its assets ...

Bitcoin exposure added to platform

ANNABELLE DICKSON  |  WEDNESDAY, 10 NOV 2021
... stores the asset with BitGo Trust. MBF has a buy and hold strategy and does not engage in derivatives, leverage, or short selling. The minimum investment is $25,000 and has a 1.5% p.a. management fee. "With consumer demand for digital assets on the rise ...

ASIC increases short selling surveillance

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
... watchdog outlined several areas that it will keep an eye on in the newly released Information Sheet 255 Activist short selling campaigns in Australia (INFO 255). ASIC wrote that short sellers must verify their information and must fact-check these against ...

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... benefits the wealthy and lines the pockets of fund managers. Then Rennick moved on to the issue of super funds and short selling. He commended AustralianSuper and QSuper, saying they have "stopped short selling shares." The funds have stopped securities ...

Boutique launches multi-asset fund

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... asset allocation will be 60% defensive assets and 40% growth assets. The fund is permitted to obtain leverage via short selling (set at maximum 10% of gross asset value) or derivatives. It is managed by David Lewis (also the deputy chief investment officer) ...

UniSuper suspends stock lending

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... funds who lend their stock," he said. On Friday, the UK's Financial Conduct Authority temporarily prohibited short selling of certain Italian stocks in a bid to calm the market after Milan's stock market fell 17%. The stocks included Ferrari ...
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