Tag : securities and exchange commission

The nation’s regulator aims to develop and expand the local ETF market further but has its work cut out to solve the problems constraining asset owner involvement.

The secretary-general of Thailand's Securities & Exchange Commission, Rapee Sucharitakul, says more competition and a wider variety of investment products are the way forward.

Philippines plans to implement ARFP; Mutual recognition a matter of timing, says Lam; Malaysia issues crowdfunding rules; Water Oasis ex-CEO admits to insider trading; Accountants settle US case.

The US regulator dampens speculation it will hold the buy-side to account if bond markets suffer a crash. But Asian managers are told to ensure their liquidity disclosures are up to date.

The former banker, jailed after losing Daiwa Bank $1.1 billion via unauthorised trading, says allowing rogue traders to keep their jobs would create an incentive for them to come clean.

The incoming US person rules are causing some swap dealers, such as prime brokers, to take a 'shoot first, ask questions later' approach, which can be frustrating for buy-side clients, says a lawyer.

Zeng Huiyu is found guilty of insider dealing on New York listed stocks, while Andy Pau had assisted in share disposals via nominee accounts in his mother's, sister's and own name.

Plans to open up the countryÆs financial markets will make it easier to sell a wider range of products, including offshore funds, locally.