Investment manager Hargreave Hale has confirmed it was behind the sale of over four million Rangers shares.
Rangers duo Bilel Mohsni and Kris Boyd have been issued with notices of complaints by new Scottish Football Association compliance officer Tony McGlennan.
Rangers have paid back their £1.5million shareholder loans on a day which saw more than four million of their shares traded on the stock market.
Rangers winger Fraser Aird admits the Ibrox crowd had every right to boo the team off the pitch after they were stunned at home by Hibernian.
Hibernian won 3-1 at Ibrox as Rangers were beaten in the Scottish Championship for the first time since the opening day.
Ally McCoist was left to reflect on "a comedy of errors" as his Rangers side were beaten 3-1 at home by Hibernian.
Lewis Macleod and Nicky Clark are unlikely to be back in time to feature for Rangers in their clash with Hibernian on Monday night.
Rangers boss Ally McCoist has hit back at Hibernian manager Alan Stubbs who has called for a strong refereeing display in next Monday's Championship clash between the teams at Ibrox.