News

Market manipulation unreasonable conclusion - expert

Tuesday 11th of October 2016

The Financial Markets Authority (FMA) has accused Milford Asset Management portfolio manager Mark Warminger of cross-trading and making trades to artificially set prices.

Their allegations revolve around 10 different trades made by Warminger between December 2013 and August 2014, which the FMA’s expert witnesses have said constitute market manipulation.

However, Warminger’s legal...

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