Overview the cases of short-swing trading disgorgement in 2019Q2 taken by the Securities and Futures Investors Protection Center (SFIPC)
In accordance with Article 157 of the Securities and Exchange Act, SFIPC urges the directors and supervisors of listed companies to exercise their right to claim for the disgorgement of short-swing trading of insiders; if no action has been taken, SFIPC shall have the right to claim for disgorgement on behalf of the company. The cases settled in 2019Q2 as follows:
1.From the second half of 1994 to the second half of 2018, a total of 7,985 cases of entitlement should be exercised, which should be included in the amount of NT$4,819,180,464.
2.In the second quarter of 2019, 18 cases were settled in the above-mentioned cases of exercising the right of disgorgement, and the amount was NT$16,630,058. Until to the second quarter of 2019, the total number of cases settled was 7,898, and the amount was NT$2,458,393,435; 87 cases have not been settled.
Visitor： 728 Update： 2019-08-28