The situation with the filing of a bankruptcy petition with the court by PJSC SPB Exchange requires investigation by law enforcement agencies and the Bank of Russia. This was stated by Mikhail Mamuta, head of the Service for the Protection of Consumer Rights and Ensuring the Availability of Financial Services of the Central Bank.
“HE, what did we see yesterday, – I don’t even know what to call it. This is not an abuse of the law, but something close to a crime. It seems to me that law enforcement needs to figure out what happened. Naturally, the stock exchange did not make any statements, but someone did,” Mamuta told reporters on the sidelines of the Bank of Russia’s “Customer Focus” conference (quote “Interfax”.
According to the senior manager, the Central Bank has not yet received any complaints from investors regarding this situation. “But I wouldn’t be surprised if they did,” Mamuta said.
“If you look at it from a market perspective, there was obvious price manipulation. I cannot state this as a fact, the fact of manipulation is always proven individually. It’s possible but unlikely, there was an accident that happened this way, the stars aligned this way. But it looks like the market fell so hard, then grew back quickly, and someone can make money from it,” Mamuta said.
It will take a lot of time
Mamuta said the Central Bank considered this a “completely unacceptable situation.”
“Law enforcement needs to work, and our colleagues investigating cases of market manipulation will certainly do so. “If there are objections, we will evaluate them based on what we see, respond and provide assistance as required by law,” he promised.
Mamuta did not give an estimate of how long it would take to analyze the situation.
“As much as you need,” he said. — I’m not ready to make a prediction. “The investigation of this type of crime or suspicion of crime takes a long time to conclude the incident correctly.”
The head of the Central Bank Service for the Protection of Consumer Rights and Ensuring the Availability of Financial Services promised to share the information as soon as possible.
History awaits research
The bankruptcy application of the St. Petersburg Stock Exchange was filed on November 24, it was learned from the data on November 27 card indexes Moscow Arbitration Court. The applicant’s name and the requested amount are not indicated on the card.
Amid bankruptcy reports, St. Shares of the St. Petersburg Stock Exchange fell 34.9% to 63.8 rubles. for paper.
The press service of the St. Petersburg Stock Exchange stated that they did not submit any documents to the arbitration court.
“SPB Stock Exchange’s financial situation is stable, there are no signs of bankruptcy” – says in a company statement.
representatives promise Contact law enforcement.
27 November Moscow Arbitration Court made a decision Because “the applicant did not comply with the preliminary hearing procedure”, St. On the return of the application for declaring bankruptcy of the St. Petersburg Stock Exchange.
As of the close of the trading day on November 27, at 18:59 Moscow time, shares were trading at 88.7 rubles, down 9% since the beginning of the trading day. At the time of publication of this material, St. The cost of St. Petersburg Stock Exchange securities was 88.8 rubles.
“Bank of Russia, market participants PJSC St. He will analyze the incident, including his actions regarding the securities of the St. Petersburg Stock Exchange, for possible violation of the requirements of the law against the use of insider information and the market. manipulation” – stated At the Central Bank the other day, at the request of RBC.