Thursday January 15 2015
News Source: Global Exchanges
Focus: Stock Exchange Regulation
Type: General
Country: Bulgaria
The Financial Supervision Commission (FSC) has stated that the Vice-President has been put in charge of ‘Investment Supervision’ by virtue of The Law against Market Abuse with Financial Instruments (LMAFI). The responsibilities under this role include the surveillance of exchange trading, in particular, conducting investigations of possible market manipulation.
As a result of the Investment Supervision, the FSC has already issued four penalties after having completed market surveillance for alleged market manipulation.
Click on the above link for further information (available in Bulgarian only).