NZ market 'peculiarities' to test law in Warminger case
Chapman Tripp specialist Roger Wallis discusses the FMA's market manipulation claim
Tim Hunter Mon, 03 Aug 2015
A securities lawyer says the market manipulation case against a Milford fund manager will test how the law applies to the “peculiarities” of New Zealand’s sharemarket.
On Friday the Financial Markets Authority filed a civil legal complaint against portfolio manager Mark Warminger, alleging some of