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Warminger faces $1m penalty per trade
Monday 26th of September 2016
The trial of Mark Warminger is being held in the High Court at Auckland, and is set down for four weeks.
There are hefty financial penalties at stake if he is not successful in fighting the FMA’s allegations: He faces a penalty of up to $1 million per trade if he is found to have made trades that breached market manipulation rules.
Warminger has been on extended leave from his rol...
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