spouses manipulated the share market to recognize their wife as a qualified investor – Kommersant

Press Service of the Bank of Russia May 12 reportedthat the spouses Ildar and Dina Gatiyatullina manipulated the share markets in order to recognize Ms. Gatiyatullina as a qualified investor. They were drawn up administrative protocols and removed from participation in the auction.

The fact of market manipulation was established at the auction on October 17, 2022. Then, according to the press service of the Central Bank, the Gatiyatullinas traded shares of the investment fund BPIF Pervaya Savings under the management of JSC Management Company Pervaya.

Transactions that were made under a preliminary agreement led to significant deviations in the volume of share trading. “Transactions with shares were made by the spouses in order to fulfill the conditions necessary for the recognition of Gatiyatullina D.A. a qualified investor,” the press service of the regulator said.

The actions of the spouses were regarded by the Central Bank as market manipulation – a violation of Part 2 of Article 6 No. 224-FZ “On Counteracting the Misuse of Insider Information”.

According to the agency “Prime”, the regulator sent an order to Sberbank, BCS and VTB: to suspend transactions and operations in organized trading on behalf of individual clients of the company. An order was also sent to SPB Exchange and the Moscow Exchange: to suspend transactions and operations in organized trading for certain clients.