Helikon Investments Ltd.: $778K Penalties

Administrative Order by the U. S. Securities and Exchange Commission imposing penalties totaling $778,244 on Helikon Investments Ltd., described as a United Kingdom company that is registered with the U.K. Financial Conduct Authority, to settle allegations that it “sold short American depositary shares and then, within the rule’s five-day restricted period, purchased ADSs of the same issuer in an offering, thereby violating Rule 105”, profiting “by $669,002 from the transaction”.

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Case Number: Xx Xx Xx

Topic: Investment, Listed Securities, Regulatory

Plaintiff(s)/Applicant(s): U. S. Securities and Exchange Commission

Date: September 21, 2021

Defendant(s)/Respondent(s): Helikon Investments Ltd.

Topics

United Kingdom

[ 1 more... ] [ top 5 ]

Keywords

Helikon Investments NIO

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