According to the Pan Asia Securities Lending Association, the change better reflects the full scope of activities, markets, and stakeholders represented by them, while maintaining continuity with its established history and brand equity
Disappointed in the decision, SEC Commissioner Caroline A. Crenshaw says the SEC is 鈥渁ttempting to camouflage a new willingness to repeatedly bend the rules until they break鈥
In its first short sale reporting case, ASIC alleges the misleading conduct was due to multiple systems-related issues, many of which remained undetected for over a decade