Glossary | 色花堂Finance Times

Glossary

Dividend

A distribution of a portion of a company's earnings to its shareholders, usually in the form of cash or additional shares.

Dividend News

Industry
Mangrove Partners loses securities fraud appeal against Overstock

The court of appeals rejected the short seller鈥檚 case due to insufficient allegations of securities fraud and market manipulation under the relevant securities laws

Regulation
FINRA orders four firms to pay US$2.6 million for fully paid securities lending violations

The combined amount includes US$1 million in restitution to retail customers enrolled in fully paid securities lending programmes and fines of US$1.6 million for the firms鈥� related supervisory and advertising violations

Industry
Philippines permits short selling on PSE Index stocks and selected midcaps

Short selling is now permitted in the Philippines, with 52 PSE-listed stocks and one exchange-traded fund available for short sale

Industry
Philippine Stock Exchange confirms short selling guidelines

The news follows regulatory approval regarding critical components of securities borrowing and lending 鈥� short selling can only function if a securities borrowing and lending programme is in place

Regulation
FCA fines Bastion Capital for cum-ex violations

The UK regulator ruled that the transactions were carried out in a way 鈥渢hat was highly suggestive of financial crime鈥� and that the broker had failed to manage risk that it was being used to facilitate fraudulent trading and moneylaundering

Regulation
FCA hits ED&F Man Capital with 拢17.2m fine for its role in facilitating cum-ex trades

This is the fourth penalty applied by the UK regulator and the largest that it has applied to date relating to div arb violations. MCM qualified for a 30% reduction under the Settlement Discount Scheme since it did not dispute the FCA's charges

Industry
Dubai Attorney General appeals against court decision to refuse Sanjay Shah extradition

In a public statement, the Attorney General, Chancellor Essam Issa Al Humaidan, indicated that he has appealed the ruling of the Dubai Court of Appeal refusing Denmark鈥檚 extradition request, with the case to be referred to the Court of Cessation

Industry
FCA fines TJM for facilitating Solo Capital cum-ex trades

The UK financial regulator has fined The TJM Partnership slightly more than 拢2 million for control failures linked to cum-ex trading and money laundering