News

Warminger mounts defence

Tuesday 11th of October 2016

Warminger, a portfolio manager at Milford Asset Management, is battling charges of cross-trading and making trades to artificially set prices, which were laid by the Financial Markets Authority (FMA).

If found guilty, he could be fined $1 million per trade. There are 10 trades involved.

But his defence team told the court the case was based on speculation, supposition and hindsigh...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.