WBrief: Swiss stock exchange investigating UBS - Spear's Magazine

WBrief: Swiss stock exchange investigating UBS

The Swiss stock exchange is investigating UBS for possible breaches of the market’s regulations, according to media reports.

The Swiss stock exchange is investigating UBS for possible breaches of the market’s regulations, according to media reports.

The exchange has begun an investigation into possible breaches by UBS of a directive on publicity in 2007 and 2008, as well as rules on financial reporting “relating to corporate governance,” it said in a statement.

“Investigatory proceedings will continue for an indefinite period,” the statement said, and provided few other details about any issues it was investigating.

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