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Tiger Brokers censured, fined

Another regulatory run-in for China-focused stockbroker.

Tim Hunter Thu, 23 Jul 2020

Broking firm Tiger Brokers has been censured and fined $160,000 by the NZX Market Disciplinary Tribunal over its use of a bank account for client funds in Singapore.

Tiger is a subsidiary of Cayman Islands-registered, Nasdaq-listed UP Fintech, focused on serving investors in China.

The

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Contact the Writer: thunter@nbr.co.nz
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