The Globe and Mail reports in its Thursday edition that Anson Advisors Inc. will pay $2.25-million (U.S.) after the U.S. Securities and Exchange Commission sanctioned and fined the Toronto money manager for failing to tell its investors how it was working with activist short sellers. The Globe's David Milstead writes that the SEC struck the settlement with Anson over activities from the fall of 2018. As is customary in SEC settlements, Anson neither admitted nor denied the allegations in the SEC complaint. The regulator said documents Anson provided to its investors described a short position investment strategy that omitted how it worked with activist short sellers. The SEC said short sellers who planned to release a report attacking a company shared information with Anson before a report's publication. Anson then paid a portion of the profits on the short sale to the publisher of the report. In 2018, Anson paid an unnamed short-selling publisher $1.1-million (U.S.) after trading on reports about two stocks: Canadian Securities Exchange-listed Namaste Technologies (now Lifeist Wellness) and NYSE-listed India Globalization Capital (now IGC Pharma). The SEC also said Anson violated U.S. books-and-records rules.