Merrill Lynch BofA International

Turkey fines 10 foreign firms for illegal short selling

Published by Hurriyet on Fri, 04/02/2021 - 08:02

Turkey's capital markets watchdog imposed fines totaling 26.4 million Turkish liras ($3.25 million) on 10 foreign financial firms for unlawful short-selling transactions.

According to a Capital Markets Board (SPK) statement, Credit Suisse Securities Europe Limited was fined $960,500, Barclays Capital Securities Limited $867,600 and Merrill Lynch BofA International was fine $778,300.