March 16 (Reuters) - Australia's ASIC:
SUPREME COURT ORDERS MACQUARIE SECURITIES TO PAY A$35 MILLION PENALTY IN SHORT SALE MISREPORTING CASE
COURT ALSO FOUND THAT MSAL ENGAGED IN MISLEADING CONDUCT IN RELATION TO ITS MISREPORTING
MSAL FAILED TO CORRECTLY REPORT AT LEAST 73 MILLION SHORT SALES BETWEEN 11 DEC 2009 AND 14 FEB 2024
ESTIMATED THAT BETWEEN 298 MILLION AND 1.5 BILLION SHORT SALES WERE MISREPORTED DURING THAT PERIOD
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