Nordnet comments the decision from the Swedish Financial Supervisory Authority to issue a remark and an administrative fine of 100 million SEK
As a consequence of the short-selling transactions carried out by customers of Nordnet in Moment Group AB on 19 February 2021, the SFSA notified Nordnet of an investigation regarding Nordnet’s internal routines and processes for short selling. Since then, a site visit has been carried out, and the SFSA have requested and received written material. […]