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Τετάρτη, 24 Φεβρουαρίου 2016 21:51

Cap market commission fines on funds for NBG short selling

Greece’s Capital Market Commission on Wednesday imposed fines totalling 50,000 euros – 10,000 each -- on five foreign investment funds for illegal short selling National Bank of Greece shares.

Greece’s Capital Market Commission on Wednesday imposed fines totalling 50,000 euros – 10,000 each -- on five foreign investment funds for illegal short selling National Bank of Greece shares.

The market watchdog imposed fines on DSAM CAYMAN FUND LIMITED, DSAM LONG/SHORT EQUITY MASTER FUND, DSAM+ MASTER FUND, LMA SPC-MAP 112 SEGREGATED PORTFOLIO and LMAP ALPHA LIMITED for allegedly violating European Parliament and Commission articles.