Proving manipulation in an easily manipulated market
Tuesday, 4 August 2015, 4:08 pm Press Release: Chapman Tripp
4 AUGUST 2015
Test for FMA - proving manipulation
in an easily manipulated market
The civil
proceedings by the Financial Markets Authority (FMA) against
Mark Warminger for market manipulation while a portfolio
manager for Milford Asset Management Limited will provide an
interesting test case.
The law is well-established. The
interest lies in trying to establish improper behaviour in
the thin and therefore highly responsive New Zealand share
market. READ
MORE
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