Article: GameStop Frenzy Prompts SEC to Weigh More Short Sale Transparency

Article - Media

GameStop Frenzy Prompts SEC to Weigh More Short Sale Transparency

House lawmakers meeting Thursday plan to examine the GameStop trading and discuss the dearth of short-sale data

Dave Michaels and Dawn Lim, Wall Street Journal, 17 February 2021

The Securities and Exchange Commission was ordered 11 years ago to impose such rules but never did it. Now, dealing with the fallout from frenetic trading in GameStop Corp. shares, the agency under new leadership is considering using its authority to shine more light on the mechanics of the bearish trades.

Comment: Bearish trades my ass. Naked short selling is a Class A Felony. It is counterfeiting.  It is fraud, It is cheating widows and orphans and wiping out inventors and entrepreneurs, turning gold into lead for profit. It is also on occasion collusion with foreign governments (the UK more often than China) and thus treason, sabotaging the US economy the US now being in a state of war.

Article: JPMorgan Asia Units Fined for Regulatory Breaches in Hong Kong

Article - Media

JPMorgan Asia Units Fined for Regulatory Breaches in Hong Kong

Cathy Kit Ching Chan

Bloomberg, 15 December 2015

JP Morgan Chase & Co. unites were fined HK$30 million ($3.9 million) in Hong Kong for regulatory breaches by the firm’s instituional equities business between 2010 and 2013, including breaking a ban on so-called naked short-selling.

PDF (4 pages): JP Morgan Fine Hong Kong

Ex- Goldman Macro Trader Lim Reopens $1.1 Billion Hedge Fund

Bei Hu

Bloomberg, 2016

Guard Capital Management, the Hong Kong-based firm led by former Goldman Sachs Group Inc. trader Leland Lim, reopened its macro hedge fund to new investors this month after outperforming peers in 2015, said a person with knowledge of the matter.

PDF (4 pages): JP Morgan Fine Hong Kong