Delayed publication of short-selling notification

2017-10-19 | News Markets

Finansinspektionen was late with its publication of a short-selling notification from Coatue Management.

The company was prompt in its notification on 19 September that it had fallen to 0 per cent in its short net position in Fingerprint Cards from a previous position of 1.82 per cent with a position date of 2017-09-08. Due to a mistake in FI's manual processing, the notification was not published the day it was received, but first on 18 October. The company brought FI's attention to the matter on 16 October.

FI will review its procedures and take measures to ensure that this does not happen again.

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