Mutual Fund giant Citadel reports that one of its accounts in China has been banned from trading by Chinese authorities . Citadel is one of the first foreign casualties , as authorities look to take action against what it is calling , malicious short selling . 4:00pm, 3 Aug, 2015 Updated: 11:34pm, 3 Aug, 2015 The China Securities Regulatory Commission has blamed ' coordinated stock dumping ' and ' selling - off of heavily - traded stocks ' as well as automated trading for turbulence in the market which it is intent on cleaning up .
Mutual Fund giant Citadel reports that one of its accounts in China has been banned from trading by Chinese authorities . Citadel is one of the first foreign casualties , as authorities look to take action against what it is calling , malicious short selling . The China Securities Regulatory Commission has blamed ' coordinated stock dumping ' and ' selling - off of heavily - traded stocks ' as well as automated trading for turbulence in the market which it is intent on cleaning up .