New regulation on manipulation in the stock market is coming!
According to a report in Reuters, a brokerage house executive, who requested anonymity, said that the sharp price movements caused by leveraged positions in large stocks such as banks with high trading volumes caused discomfort in the economic administration of the stock market and that a regulatory change that would make it difficult for this to happen again may be coordinated by the Treasury.
New regulation on manipulation in the stock market! The same source said, "There is a sensitivity here, especially due to the volatility in liquid bank stocks... What can and cannot happen will be determined by the authorities, most likely not next week."
Market experts pointed out that if the collateral deficit could not be met by investors, it could be reflected on the balance sheets of brokerage houses.
Some experts also suggested that steps could be taken to restrict futures contracts based on the shares of small and medium-sized companies, which have low trading volume and allow price manipulation.
The Treasury and
Borsa Istanbul referred Reuters' question about whether any action would be taken to regulators. However, the Capital Markets Board (CMB) had not responded at the time of writing.
Source: Reuters
Follow Global Economic Developments on Social Media!
Click here to follow Ieconomy official Facebook account!
Click here to follow Ieconomy official Instagram account!
Click here to follow Ieconomy official Twitter account!