FMA defends delay in filing Rua manipulation charges
The FMA received information about the alleged conduct by an experienced retail investor 22 months ago.
FMA filed market manipulation charges against Kok Ding Cheng yesterday.
The Financial Markets Authority has defended the time it took to file claims against an experienced retail investor in Auckland for alleged market manipulation of shares in NZX-listed medicinal cannabis firm Rua Bioscience.
Yesterday morning, the regulator alleged “experienced investor" Kok Ding
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