17.06.2022 Weiss A.M. fined for violation of Rule 105
B. G., Opalesque Geneva:

Weiss Asset Management, a large investment advisory firm in Boston, has agreed to pay approximately $6.9m to settle charges of short selling violations.

According to the U.S. Securities and Exchange Commission (SEC), the firm violated Exchange Act Rule 105 on seven occasions between December 2020 and February 2021.

The Rule prohibits short selling an equity se

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