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Latest news with #misreporting
ABC News
14-05-2025
- Business
- ABC News
Macquarie accused of 'systemic failures' by ASIC
The corporate regulator ASIC is suing the broking arm of Macquarie for alleged misreporting of up to $1.5 billion short sales over nearly 15 years.
Bloomberg
14-05-2025
- Business
- Bloomberg
Australia Regulator Sues Macquarie Over Reporting of Short Sales
Australia's markets regulator is suing Macquarie Securities (Australia) Ltd., alleging that the firm misreported millions of short sales for more than 14 years. ASIC alleges that between December 2009 and February 2024, Macquarie Securities failed to correctly report the volume of short sales by at least 73 million, according to a statement Wednesday.
