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Decision regarding violation penalty

Decision regarding violation penalty

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Published: 3 June 2019
Last published: 26 November 2019

Alpha Blue Ocean Advisors Ltd. has infringed the notification requirement of net short positions under section 3-14 of the Norwegian Securities Trading Act, which implements Short Selling Regulation (EU) No 236/2012 as Norwegian law. Finanstilsynet has imposed a violation penalty of NOK 4,000,000.

  • Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps

Letter

  • Decision regarding violation penalty Alpha Blue Ocean Advisors Ltd

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