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Investment
2 mins to read

FMA files market manipulation charges against retail investor

The alleged behaviour by Kok Ding Cheng relates to manipulation of Rua Bioscience shares and took place more than two years ago.

NBR Staff Wed, 14 Dec 2022

The Financial Markets Authority has filed high court proceedings against an “experienced” retail investor in Auckland, for alleged market manipulation of shares in NZX-listed Rua Bioscience.

The financial watchdog’s allegations against Kok Ding Cheng centres on five small orders he made over a

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NBR Staff Wed, 14 Dec 2022
Contact the Writer: editor@nbr.co.nz
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Tags
Financial Markets Authoriity market manipulation Rua Bioscience
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