Australia accuses Macquarie of millions of inaccurate short sale reports

Quick Summary:

Australia's top investment bank has already been hit with three enforcement actions in the past year.

Macquarie said in a statement that it had fixed the software problems since reporting them to ASIC and that it was reviewing the regulator’s claim.

ASIC actions against Macquarie in the past year have so far brought a total A$15 million (S$12.7 million) in fines.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaJapan

Topics: Macquarie Published Lawsuit Asic Market Short Cent Billion Bank Sales Securities

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 12:45:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 588 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 28706112

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