Article tagged with 'Market Manipulation'
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Real estate price-fixing saga ends with big penalty
10 Sep 2020 - Price-fixing is in the spotlight, once again, after the Auckland High Court ordered two Hamilton real estate agencies to pay $4 million for engaging in it.
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Report, not court action, for Goldman Sachs
15 Nov 2017 - Trading by Goldman Sachs New Zealand might have been misleading but that will not be tested in court, the Financial Markets Authority says.
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FMA: No regrets about $1.7m bill
01 Sep 2017 - Financial Markets Authority chief executive Rob Everett says $1.7 million for its case against fund manager Mark Warminger was money well spent.
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Warminger, FMA withdraw appeals
31 Jul 2017 - Mark Warminger has withdrawn his appeal against the High Court judgment that found him guilty of market manipulation, citing health issues and the impact on his career.
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Warminger appeal date set
10 Jul 2017 -
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Warminger slapped with hefty penalty (+ JUDGMENT)
30 Jun 2017 - The High Court has handed former fund manager Mark Warminger a substantial penalty but the appeals continue.
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'Crushing' penalty sought in Warminger case
15 Jun 2017 - Mark Warminger’s lawyer described a $1.6m penalty sought by the Financial Markets Authority as “crushing”, it has been reported.
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Warminger, FMA appeal
23 Apr 2017 - The Financial Markets Authority is appealing a judge’s decision that eight of Milford Asset Management portfolio manager Mark Warminger’s trades did not manipulate the market.
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Warminger appeals High Court ruling
03 Apr 2017 - Former Milford Asset Management portfolio manager Mark Warminger is appealing a High Court decision that he manipulated the market twice in 2014.
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Warminger's trial shows traders' purpose important
13 Mar 2017 - Milford Asset Management portfolio manager Mark Warminger's trial has helped to show that the purpose of a trade, rather than solely its effect, may be the defining factor in determining market manipulation.