York Probed By Spanish Regulator Over Naked Short SaleMani
James Dinan’s York Capital Management LP is under investigation from a Spanish regulator for allegedly using a banned trading technique in bets made against Bankia SA (BME:BKIA) (OTCMKTS:BNKXF), Spain’s mortgage giant.
he Comision Nacional del Mercado de Valores, or CNMV, is looking into whether York failed to cover its Bankia SA (BME:BKIA) (OTCMKTS:BNKXF) position in a ‘timely manner’.
York Capital Management's naked share sale . . .
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