Digital Brands Group Announces It Will Submit Compliance Demands to Clearinghouses and Prime Brokers Ahead of Mandatory Legal Pursuit of Any and All Fails-to-Deliver and Volume Anomalies

Digital Brands Group announced it will submit compliance demands to clearinghouses and prime brokers regarding fails-to-deliver and volume anomalies, escalating its efforts to address alleged market manipulation. The company, which retained Christian Attar on July 6 to investigate naked short selling, is utilizing ShareIntel data to monitor settlement imbalances and plans to enforce a zero-tolerance policy on abusive trading practices.

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