South Korea's financial regulator, the Financial Services Commission (FSC), confirmed on Friday in a statement that the short-selling ban will be lifted on March 31."We expect that short selling, which is being fully resumed for the first time in about five years based on a computer system, will enhance...
The surge in GameStop's stock during Monday's premarket session, triggered by "Roaring Kitty," the name behind the company's "meme stock" saga, has already caused short sellers to suffer losses amounting to $1 billion, Ortex showed. On Sunday, the investor shared a screenshot revealing...
Today's rally in GameStop has already resulted in losses of $1 billion for short sellers, S3 Partners showed Monday.GameStop's gains have been triggered by a post by Keith Gill, the trader known as "Roaring Kitty," hinting at his return to active trading. In addition, the rally has triggered gains in...
Trump Media has updated its frequently asked questions (FAQ) section, providing shareholders with tips on avoiding having their stocks loaned out for short selling, the company's website showed on Thursday.These tips include holding shares in a cash account instead of a margin account, opting out...
South Korea's Financial Services Commission (FSC) said on Sunday that it intends to fine two more global investment banks for illegal naked short-selling activities. However, the regulator did not reveal the names of the banks which will be penalized.
In December, the financial regulators decided to...
The financial regulators in South Korea imposed on Monday a record fine of 26.5 billion won (approximately $20.3 million) on BNP Paribas and HSBC for illegal naked short selling activities. "The violations were a grave matter that hurts the market order and investor trust," the Securities and Futures...
Billionaire and electric car maker Tesla founder Elon Musk called Tesla short sellers "Wall Street sharks" on Friday while downplaying the impact of his tweets at the Tesla fraud trial.
During today's session, the world's richest man assured that tweeting is the "most democratic way" to communicate...
United States Department of Justice is investigating several strategies used by short-sellers and other potentially unlawful practices linked to short-selling, The Wall Street Journal reported on Wednesday, citing unnamed sources briefed on the inquiry.
Investigators are focusing on the...
Robinhood Markets Inc. confirmed on Friday the company has restricted trading of cryptocurrencies on its trading app "due to extraordinary market conditions" related to recent volatilities.
According to CNBC, Robinhood users are currently unable to make instant deposits for purchases of...
Billionaire Elon Musk commented on Thursday on the latest market volatilities which caused shares of several companies to suffer significant movements in recent days, insisting the public shouldn't give them any respect.
"Here come the shorty apologists... Give them no respect... Get...
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